Midday update for Gold 19/09/2014

Economies.com
2014-09-19 11:12AM UTC

 

 

Gold price fluctuates within sideways and tight range since morning keeping its stability within 1236.00 level, therefore, there is no change on the expected bearish trend scenario for today, targeting 1200.00 and 1187.00 levels mainly, and it gets support from stochastic and the EMA50 negativity.

 

Expected trading range for today is between: 1200.00 support and 1236.00 resistance.

 

Expected trend for today: Bearish

 

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