Midday update for Gold 24-05-2019

2019-05-24 10:29:53 GMT (Economies.com)
Midday update for Gold 24-05-2019
 

Gold price keeps its stability above 1275.30 level, to keep the positive scenario active until now, supported by moving above the EMA50, waiting to get enough positive momentum to push the price to head towards our next main target at 1302.60.

 

We should note that breaking 1275.30 will stop the suggested rise and press on the price to return to the correctional bearish track again.

 

The expected trading range for today is between 1275.00 support and 1302.60 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1044
-0.0031
0.2763%
1.2523
0.0040
0.3232%
17.791
0.340
1.948%
58.691
3.797
6.917%
64.40
0.80
1.26%
1498.320
9.340
0.627%
 
 
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