Midday update for Gold 16/04/2014

Economies.com
2014-04-16 10:37AM UTC

 

Gold price continues to fluctuate around 1300.00 level, and tested 1294.00 level this morning, where it keeps its stability above this level until now, while our neutral attitude remains valid until the price succeeds to surpass one of the critical levels between 1294.00 and 1309.00, and to recognize the expected targets from the breach, please review our morning issued reports.

 

Expected trading range for today is between: 1280.00 support and 1325.00 resistance.

 

Expected trend for today: Neutral

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