Midday update for Gold 21-02-2018
Economies.com
2018-02-21 11:07AM UTC
Gold price shows sideways and tight range trading since morning settled near the bullish channel’s support that appears in the image, as long as the price below 1335.40, so the bearish bias will remain preferred for today, waiting for testing 1316.48 level that represents our next main target, reminding you that breaching 1335.40 will push the price to resume the main bullish trend that its initial target located at 1365.97.
Expected trading range for today is between 1315.00 support and 1335.00 resistance.
Expected trend for today: Bearish
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