Midday update for Gold 18-02-2020

2020-02-18 11:28:04 GMT (Economies.com)
 

Gold price shows more bullish bias that supports the expectations of continuing the rise in the upcoming sessions, to keep our positive overview that targets 1611.20 level as a next main station, noting that the EMA50 keeps supporting the suggested bullish wave, which will remain valid conditioned by the price stability above 1575.90.

 

The expected trading range for today is between 1575.00 support and 1605.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1135
0.0430
4.0163%
1.2455
0.0809
6.9509%
Tadawul
6376.62
49.70
0.79%
14.446
1.863
14.810%
21.828
-1.600
6.830%
24.84
-1.50
5.69%
1620.150
122.735
8.197%
 
 
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