Midday update for Gold 18/06/2013

Economies.com
2013-06-18 10:33AM UTC

Gold price broke the symmetrical triangle’s support line, to open the way for more negative trading for today, waiting for targets that begin at 1350.00

 

A daily close below the triangle’s support will add more support to the continuation of the bearish trend.

 

Expected trading range for today is between: 1360.00 support and 1405.00 resistance.

 

Expected trend for today: Bearish for the rest of the day

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