Midday update for Gold 24/05/2013

Economies.com
2013-05-24 11:13AM UTC

Gold price fluctuates around the EMA50, finding solid resistance below 1400.00 until now, while we still waiting to confirm surpassing one of the critical levels between 1364.00 support and 1400.00 resistance to get clearer signal for the next trend, and the details of the suggested targets are explained in our morning report.

 

Expected trading range for today is between: 1340.00 support and 1447.00 resistance.

 

Expected trend for today: Depends on the abovementioned levels

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