Midday update for Gold 28-10-2019
Economies.com
2019-10-28 10:04AM UTC
Gold price didn’t show any strong move since morning, to keep flcutauting near the breached resistance of the bearish channel, therefore, there is no change on the bullish trend scenario that depends on the stability above 1489.00 level, supported by the positive signal that comes from stochastic now, waiting for heading to 1535.00 then 1555.00 levels as next main stations.
The expected trading range for today is between 1490.00 support and 1520.00 resistance.
The expected trend for today: Bullish
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