Midday update for Gold 12-04-2019

Economies.com
2019-04-12 10:32AM UTC

Gold price settles around 1295.00 level since morning, and the price is affected by stochastic positivity that blocks the mission of continuing the decline, but it general, the price stability below 1302.60 and 1311.00 levels keep our bearish overview valid for today, reminding you that our main waited target is located at 1275.30.

 

The expected trading range for today is between 1275.00 support and 1305.00 resistance.

 

The expected trend for today: Bearish

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