Midday update for Gold 20-04-2018
Economies.com
2018-04-20 10:45AM UTC
Gold price fluctuates within sideways track since morning, settling above 1335.40, noticing that stochastic touches the oversold areas now, which supports the expectations of continuing the bullish trend in the upcoming period, which targets 1365.97 level initially, noting that breaking 1335.40 will push the price to visit 1316.48 areas before any new attempt to rise.
Expected trading range for today is between 1330.00 support and 1360.00 resistance.
Expected trend for today: Bullish
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