Midday update for Gold 24-10-2019
Economies.com
2019-10-24 09:12AM UTC
Gold price shows negative trading now in attempt to move away from the EMA50, waiting for more of the downside moves to break 1485.00 level and reinforcing the expectations for the bearish trend continuation for the rest of the day, to keep preferring the bearish bias conditioned by holding below 1500.50 level, reminding you that our initial main target at 1447.00.
The expected trading range for today is between 1475.00 support and 1500.00 resistance.
The expected trend for today: Bearish
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