Midday update for Gold 11-09-2018
Economies.com
2018-09-11 09:52AM UTC
The tight range keeps dominating Gold price trades, which hovers around the EMA50, while stochastic continues to provide the negative signals, to keep the bearish trend scenario active for today, depending on moving inside the bearish channel that appears on the chart, waiting to target 1180.00 level initially, reminding you that holding below 1208.40 is important to continue the suggested decline.
Expected trading range for today is between 1175.00 support and 1210.00 resistance.
Expected trend for today: Bearish
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