Midday update for Gold 25-02-2019
Economies.com
2019-02-25 10:19AM UTC
Gold price resumes its negative trading to move away from the EMA50, reinforcing the expectations of continuing the bearish trend for the rest of the day, which targets 1319.26 level as a next main station, noting that breaking this level will push the price towards 1312.00 direct, while the expected decline will remain valid unless breaching 1336.20 and holding above it.
The expected trading range for today is between 1310.00 support and 1340.00 resistance.
The expected trend for today: Bearish
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