Midday update for Gold 07-02-2019

2019-02-07 10:00:13 GMT (Economies.com)
Midday update for Gold 07-02-2019
 

Gold price settles below the EMA50, and the double top pattern’s effect still active, waiting for more decline to visit 1294.00 followed by 1286.70 levels that represent our next main targets, reminding you that the continuation of the expected decline depends on the price stability below 1316.65.

 

The expected trading range for today is between 1286.00 support and 1316.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1079
-0.0019
0.1671%
1.2130
-0.0024
0.2012%
16.869
-0.235
1.376%
56.135
1.335
2.436%
59.81
1.17
2.00%
1495.845
-16.420
1.086%
 
 
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