Midday update for Gold 20-09-2018
Economies.com
2018-09-20 09:49AM UTC
Gold price shows slight negative trading now after approaching 1208.40 level this morning, supported by stochastic negativity that shows overbought signals, waiting to break 1190.00 level to confirm opening the way to achieve our negative targets that start at 1180.00 and extend to 1160.00, while holding below 1208.40 represents key condition to continue the suggested decline.
Expected trading range for today is between 1180.00 support and 1215.00 resistance.
Expected trend for today: Bearish
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