Midday update for Gold 11-06-2019
Economies.com
2019-06-11 10:30AM UTC
Gold price shows new negative trades to test the EMA50, and as we mentioned in our recent reports, the price needs to hold above 1320.30 to keep the overall positive scenario active, as breaking it will press on the price to visit 1302.60 before any new positive attempt, while our first main target is located at 1346.70.
The expected trading range for today is between 1320.00 support and 1346.00 resistance.
The expected trend for today: Overall Bullish
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