Midday update for Gold 29-03-2019

Economies.com
2019-03-29 10:49AM UTC

Gold price shows slight negative trades that hint heading to continue the decline in the upcoming sessions, to keep the bearish bias suggested for today, waiting to visit 1275.30 level that represents our next main target, noting that the EMA50 supports the suggested bearish wave, which its continuation conditions holding below 1302.60.

 

The expected trading range for today is between 1275.00 support and 1302.60 resistance.

 

The expected trend for today: Bearish

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