Midday update for Gold 08-03-2019
Economies.com
2019-03-08 10:59AM UTC
Gold price trades with clear positivity to approach testing the key resistance 1302.60, which urges caution from the upcoming trading, as continuing the rise and breaching this level will stop the recently suggested negative scenario and push the price to resume the main bullish trend.
Until now, we will keep our bearish overview unless we witnessed a daily close above 1302.60, reminding you that our next main target is located at 1275.30.
The expected trading range for today is between 1270.00 support and 1300.00 resistance.
The expected trend for today: Bearish
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