Midday update for Gold 18-04-2018

Economies.com
2018-04-18 09:53AM UTC

Gold price fluctuates within sideways track since morning, settling above the EMA50, thus, no change to the bullish trend scenario that its first target located at 1365.97, reminding you that holding above 1335.40 is important to continue the expected rise, which its targets extend to reach 1400.00 after surpassing the first target.

 

Expected trading range for today is between 1335.00 support and 1365.00 resistance.

 

Expected trend for today: Bullish

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