Midday update for Gold 15-02-2017
Economies.com
2017-02-15 11:59AM UTC
Gold price did not show any strong move since morning, to fluctuate within tight range settling above 1221.50 level, thus, no change on our bullish trend scenario that depends on holding above the mentioned level and above 1211.31, supported by stochastic head towards the oversold areas, reminding you that our main waited target is located at 1249.94.
Expected trading range for today is between 1217.00 support and 1240.00 resistance.
Expected trend for today: Bullish
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