Midday update for Gold 28-02-2019
Economies.com
2019-02-28 10:43AM UTC
Gold price trades positively now to return to the bullish channel, as it found solid support at 1319.26, but as long as the price is below 1329.70, our bearish overview will remain active for today, as breaching this level will push the price back to its main bullish track again, while the expected targets of the suggested bearish wave located at 1312.80 followed by 1302.00.
The expected trading range for today is between 1330.00 support and 1300.00 resistance.
The expected trend for today: Bearish
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