Midday update for Gold 30-09-2019
Economies.com
2019-09-30 09:27AM UTC
Gold price shows a new bearish trading to begin testing 1485.00 level, and the chances are available to break this level and opens the way towards the continuation of the bearish trend for the rest of the day, reminding you that we need to get a four hours close below this level to confirm the rally to 1447.00 initially.
Until now, our neutral attitude will remain valid until confirming breaking the above mentioned support or breaching the resistance at 1515.00 to confirm the next trend clearly.
The expected trading range for today is between 1475.00 support and 1510.00 resistance.
The expected trend for today: Neutral
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