Midday update for Gold 09-12-2019
Economies.com
2019-12-09 10:40AM UTC
Gold price shows weak trades since morning and settles around 1460.00, and we might witness some temporary rise affected by stochastic positivity before turning back to decline again.
In general, we will continue to suggest the correctional bearish trend as long as 1489.00 level remains intact, reminding you that our waited targets begin at 1447.00 and extend to 1413.10 after surpassing the previous level.
The expected trading range for today is between 1445.00 support and 1470.00 resistance.
The expected trend for today: Bearish
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