Midday update for Gold 10-05-2019
Economies.com
2019-05-10 10:31AM UTC
Gold price shows sideways and tight trades since morning, settling around 1285.00, thus, no change to our bullish overview that depends on the price stability above 1275.30, supported by the EMA50 that carries the price from below, noting that we are waiting to visit 1302.60 mainly.
The expected trading range for today is between 1275.00 support and 1300.00 resistance.
The expected trend for today: Bullish
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