Midday update for Gold 12-10-2017

Economies.com
2017-10-12 09:11AM UTC

Gold price reaches our first waited target at 1299.20, waiting to breach this level to confirm rallying towards our next target at 1321.49, which makes us keep our positive overview that gets continuous support by the EMA50, while its continuation conditions holding above 1281.17.

 

Expected trading range for today is between 1281.00 support and 1310.00 resistance.

 

Expected trend for today: Bullish

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