Midday update for Gold 13-09-2017

Economies.com
2017-09-13 10:21AM UTC

Gold price fluctuates around the EMA50 since morning, and the price still confined between the next trend keys represented by 1321.49 support and 1344.00 resistance, and as we mentioned in our morning report, the price needs to breach one of these levels to detect its next destination clearly, which makes us continue with our neutrality until we get clearer confirmation signal for the next trend.

 

Therefore, we will continue with our neutrality until now, and to review the expected targets after breaching the mentioned levels, please check our morning report.

 

Expected trading range for today is between 1315.00 support and 1350.00 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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