Midday update for Gold 25/07/2013

Economies.com
2013-07-25 10:26AM UTC

Gold price is testing the morning mentioned level 1312.00, while Stochastic continues its negative pressure on the intraday trading.

 

And until now, our morning expectations remain valid and active unless settling below 1312.00, which will lead to more downside bias towards 1300.00 and might extend towards 1270.00

 

Expected trading range for today is between: 1300.00 support and 1370.00 resistance.

 

Expected trend for today: Bullish

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