Midday update for Gold 24/09/2014

Economies.com
2014-09-24 10:35AM UTC

 

Gold price shows sideways trading since morning settled around 1224.00, as long as the price is below 1236.00, so our bearish trend expectations remain valid and active for today, being ware that stochastic gains positive momentum gradually which might pushes the price to test 1236.00 areas again.

 

Expected trading range for today is between: 1187.00 support and 1236.00 resistance.

 

Expected trend for today: Bearish

 

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