Midday update for Gold 11-12-2018

Economies.com
2018-12-11 10:27AM UTC

Gold price shows more bullish bias to approach 1250.00 barrier, motivated by stochastic positivity, waiting for more rise for the rest of the day, supported by the EMA50, waiting to test 1262.51 level mainly, reminding you that it is important to hold above 1238.30 level to continue the expected rise.

 

Expected trading range for today is between 1238.00 support and 1262.50 resistance.

 

Expected trend for today: Bullish

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