Midday update for Gold 08/04/2013
Economies.com
2013-04-08 10:37AM UTC
Gold price is hovering around the EMA50 in tight range, to keep our neutral attitude for today, where we are waiting for clearer signals of the next intraday trend for the price, and we can’t confirm the continuation of the upside rally now due to the current negativity of Stochastic, waiting for a daily close above 1578.50
Expected trading range for today is between: 1565.00 support and 1603.00 resistance.
Expected trend for today: Neutral
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