Midday update for Gold 06-12-2018
Economies.com
2018-12-06 10:39AM UTC
Gold price continues to fluctuate around 1238.30 level and moves below it now, to keep the bearish trend active for today, depending on the daily close below the mentioned level, noticing that stochasticbegins to overlap negatively to motivate the price to resume the bearish bias in the upcoming sessions, reminding you that our main waited target is located at 1208.40.
Expected trading range for today is between 1220.00 support and 1250.00 resistance.
Expected trend for today: Bearish
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