Midday update for Gold 15-08-2018
Economies.com
2018-08-15 09:34AM UTC
Gold price shows more bearish bias to crawl towards our waited target at 1180.55, to keep the bearish trend scenario active for today, supported by the negative pressure formed by the EMA50, reminding you that surpassing the mentioned target will extend Gold price losses to reach 1156.40, while holding below 1210.00 represents key condition to continue the expected decline.
Expected trading range for today is between 1170.00 support and 1200.00 resistance.
Expected trend for today: Bearish
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