Midday update for Gold 21-02-2019
Economies.com
2019-02-21 10:20AM UTC
Gold price broke 1336.20 level and settles below it now, which opens the way to extend the bearish wave for the rest of the day, to target 1330.00 followed by 1318.00 levels mainly, noting that breaching 1336.20 and holding above it again will reactivate the bullish trend scenario that its next main targets located at 1350.00 followed by 1365.05.
The expected trading range for today is between 1330.00 support and 1350.00 resistance.
The expected trend for today: Bearish for the rest of the day
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