End of day analysis for Gold 18-10-2018

2018-10-18 18:08:50 GMT (

Gold price shows sideways trading between 1220.00 and 1230.00 levels, while stochastic loses its positive momentum gradually to support the chances of bouncing bearishly and resume the expected bearish trend on the intraday basis, which targets 1208.40 level mainly, while achieving it conditions holding below 1230.00 and the most important below 1238.31.

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