Midday update for Gold 13-06-2018
Economies.com
2018-06-13 09:37AM UTC
Gold price begins to break the bearish pennant’s support line, and it needs to confirm breaking this level to rally towards our negative targets that begin at 1285.90 followed by 1267.00.
In general, we will continue to suggest the bearish trend in the upcoming sessions conditioned by the price stability below 1301.20.
Expected trading range for today is between 1275.00 support and 1310.00 resistance.
Expected trend for today: Bearish
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