Midday update for Gold 11-03-2019
Economies.com
2019-03-11 10:45AM UTC
Gold price shows slight negative trades and attempts to move away from 1302.60 barrier, to keep the bearish trend scenario valid for the rest of the day, supported by stochastic negativity, waiting to visit 1275.30 level that represents our next main target, noting that breaching 1302.60 will stop the expected decline and push the price to resume the main bullish trend.
The expected trading range for today is between 1270.00 support and 1310.00 resistance.
The expected trend for today: Bearish
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