Midday update for Gold 21/08/2014
Economies.com
2014-08-21 11:13AM UTC
Gold price trades with bearish bias since morning heading towards the main waited target at 1266.00, while stochastic shows oversold signals that might push the price to retest 1290.00 level.
In general, the bearish trend will remain expected for today as long as trading settles below 1290.00.
Expected trading range for today is between: 1270.00 support and 1310.00 resistance.
Expected trend for today: Neutral
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