Midday update for Gold 21-10-2019

2019-10-21 10:08:20 GMT (Economies.com)
 

Gold price resumes its negative attempts to begin pressing on the initial critical support at 1489.00, waiting for more of the upside moves to surpass 1485.00 level and confirm opening the way towards 1447.00 level that represents our next main target.

 

In general, we will keep preferring the bearish trend for today, conditioned by holding below 1505.00 level.

 

The expected trading range for today is between 1470.00 support and 1505.00 resistance.

 

The expected trend for today: Bearish

 

 
 
 
  Symbol Last Change Chg.%
1.1078
0.0026
0.2316%
1.2928
0.0000
0.0012%
Tadawul
8045.32
44.99
0.56%
17.172
0.217
1.283%
55.355
-2.441
4.223%
60.91
-1.53
2.45%
1473.980
6.000
0.409%
 
 
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