Midday update for Gold 13-03-2018

Economies.com
2018-03-13 11:54AM UTC

Gold price keeps flcutauting at the critical support at 1316.48, keeping its stability above this level until now, therefore, there is no change on the bullish trend scenario that depends on the stability above the mentioned level, reminding you that our initial main target at 1335.40, while breaking 1316.48 repreesnts negative factor that will force the price to visit levels that reach to 1301.20 before any new attempt to rise.

 

Expected trading range for today is between 1305.00 support and 1340.00 resistance.

 

Expected trend for today: Bullish

 

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