Midday update for Gold 12-03-2018
Economies.com
2018-03-12 10:44AM UTC
Gold price provided clear negative trading to begin testing the critical support at 1316.48 now, which requires being aware from the upcoming trading, where breaking this level will complete forming a negative pattern that has the ability to push the price to test 1301.20 levels directly.
Until now, we will keep our bullish trend expectations if the price settled above 1316.48 level, reminding you that our initial main target at 1335.40.
Expected trading range for today is between 1310.00 support and 1335.00 resistance.
Expected trend for today: Bullish
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