Midday update for Gold 11-07-2018

Economies.com
2018-07-11 09:23AM UTC

Gold price continues to provide negative trading to move around 1250.00 level now, to continue suggesting the bearish trend for the rest of the day, supported by the negative overlapping signal that stochastic begins to provide now, reminding you that our next main target is located at 1236.41, while achieving it conditions holding below 1267.00.

 

Expected trading range for today is between 1236.00 support and 1260.00 resistance.

 

Expected trend for today: Overall bearish

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