Midday update for Gold 11-02-2019

2019-02-11 10:30:01 GMT (Economies.com)
Midday update for Gold 11-02-2019
 

Gold price resumes its negative trading to surpass the EMA50 now, which supports the continuation of our bearish overview efficiently for the rest of the day, noting that stochastic continues to provide negative signals that reinforce the chances of continuing the expected decline, which targets 1297.00 followed by 1286.70 levels, while holding below 1316.65 represents major condition to achieve the expected targets.

 

The expected trading range for today is between 1286.00 support and 1320.00 resistance.

 

The expected trend for today: Bearish

 
 
  Symbol Last Change Chg.%
1.1336
0.0037
0.3310%
1.3033
0.0126
0.9793%
15.995
0.216
1.369%
57.097
1.324
2.374%
67.08
0.63
0.95%
1337.905
16.570
1.254%
 
 
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