Midday update for Gold 11-01-2018
Economies.com
2018-01-11 10:50AM UTC
Gold price shows more sideways trading to settle near 1321.49, and we still waiting to breach this level to confirm extending the bullish wave towards 1357.53 that represents our next main target.
In general, we will continue to suggest the bullish trend conditioned by holding above 1299.20, noting that the EMA50 keeps supporting the suggested bullish wave.
Expected trading range for today is between 1310.00 support and 1330.00 resistance.
Expected trend for today: Bullish
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