Midday update for Gold 20-02-2018
Economies.com
2018-02-20 10:44AM UTC
Gold price keeps its decline to reach the critical suppot at 1335.40 now, which requires being aware from the upcoming trading, where breaking this level will stop the suggested positive scenario in our last reports and pushest the price to suffer more of the losses to reach 1316.48 before any new attempt to rise.
Until now, we will keep our bullish trend expectations conditioned by holding above 1335.40, reminding you that our initial target at 1365.97.
Expected trading range for today is between 1330.00 support and 1355.00 resistance.
Expected trend for today: Bullish
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