Midday update for Gold 16-04-2019

2019-04-16 09:45:43 GMT (Economies.com)
Midday update for Gold 16-04-2019
 

Gold price continues to decline calmly to crawl gradually towards our main waited target at 1275.30, to keep our bearish overview that depends on the price stability below 1302.60 and 1307.80 levels, noting that stochastic and the EMA50 negativity support the chances of continuing the decline to target 1253.20 level as a next main station.

 

The expected trading range for today is between 1270.00 support and 1295.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1221
-0.0052
0.4599%
1.2503
-0.0072
0.5722%
16.211
0.993
6.525%
55.748
-4.585
7.600%
62.83
1.06
1.72%
1425.365
9.870
0.697%
 
 
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