Midday update for Gold 07-11-2018
Economies.com
2018-11-07 10:41AM UTC
Gold price shows sideways trading to approach 1238.30 level now, affected by stochastic positivity, which urges caution from the upcoming trading, as breaching this level will stop the recently suggested decline and push the price to achieve gains on the intraday and short term basis, while breaking 1227.00 represents key factor to ease the mission of heading towards our main waited negative target at 1208.40.
Expected trading range for today is between 1208.00 support and 1240.00 resistance.
Expected trend for today: Bearish
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