Midday update for Gold 10-04-2019

Economies.com
2019-04-10 09:23AM UTC

Gold price shows new positive trades to move above 1302.60 level, which urges caution from the upcoming trading, as the price keeps attempting to breach and regain the main bullish trend again, noting that confirming the stability above this level will push the price towards 1320.00 initially, while trading below it will press on the price to visit 1275.30 level as a next correctional target.

 

The expected trading range for today is between 1280.00 support and 1310.00 resistance.

 

The expected trend for today: Bearish

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