No news for Gold price – Analysis - 19-09-2018
Economies.com
2018-09-19 03:56AM UTC
The sideways and tight range keeps dominating Gold price trading, which keeps its stability below 1208.40, to keep the bearish trend scenario valid until now, waiting to break 1190.00 to activate the negative effect of the double top pattern to open the way to achieve or negative targets that start at 1180.00 followed by 1160.00.
On the other hand, we should note that breaching 1208.40 will push the price to start recovery attempts that target 1220.00 followed by 1238.31 areas initially.
Expected trading range for today is between 1175.00 support and 1208.00 resistance.
Expected trend for today: Bearish
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