Midday update for Gold 11-04-2019
Economies.com
2019-04-11 10:05AM UTC
Gold price shows negative trades now to start testing 1302.60 level, and as we mentioned this morning, breaking this level is required to confirm the continuation of the expected bearish trend for today, supported by stochastic negativity, waiting to head towards 1275.30 that represents our next main station, noting that breaching 1312.00 will stop the expected decline and push the price to achieve more gains on the intraday basis.
The expected trading range for today is between 1280.00 support and 1315.00 resistance.
The expected trend for today: Bearish
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