Midday update for Gold 08-11-2018

2018-11-08 10:55:21 GMT (Economies.com)
Midday update for Gold 08-11-2018
 

Gold price continues to decline camly to gradually move away from the EMA50, reinforcing the expectations of continuing the bearish trend for the rest of the day, which targets visiting 1208.40 level as a first main station, while holding below 1238.30 represents the most important condition to continue the suggested decline.

 

Expected trading range for today is between 1208.00 support and 1235.00 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1337
0.0009
0.0786%
1.3019
0.0099
0.7639%
14.204
0.046
0.325%
56.233
-3.610
6.032%
66.37
0.27
0.41%
1212.850
3.380
0.280%
 
 
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