Midday update for Gold 12-02-2019

2019-02-12 10:37:01 GMT (Economies.com)
 

Gold price tests the intraday bearish channel’s resistance, accompanied with stochastic reach to the thresholds of the overbought levels, as long as the price is belwo 1316.65, so our bearish trend expectations will remain active for today, waiting for resuming the decline that tragets 1299.00 then 1286.70 levels mainly.

 

The expected trading range for today is between 1286.00 support and 1320.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1073
0.0011
0.0976%
1.3156
0.0019
0.1423%
Tadawul
8120.01
21.27
0.26%
16.596
0.024
0.147%
59.015
-0.095
0.161%
64.13
-0.26
0.40%
1461.610
1.765
0.121%
 
 
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