Midday update for Gold 16/11/2012

Economies.com
2012-11-16 11:22AM UTC

The price shows a slight bearish bias since morning, and settles now near to 1710.00, while we still need more confirmation signals to the next trend, by monitoring the price behavior according to the critical levels which represented by 1710.00 support and 1721.00 resistance.

 

Expected trading range for today is between: 1710.00 support and 1750.00 resistance.

 

Expected trend for today: Neutral 

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