Midday update for Gold 13-01-2020

Economies.com
2020-01-13 10:14AM UTC

Gold price shows negative trading now to move away from 1556.70 level, which supports the expectations for the bearish correctional trend continuation, reinforced by the negative signal that comes from stochastic, reminding you that our main targets that begin at 1536.50 and 1519.00, while holding below 1556.70 represents an important condition for achieving it.

 

The expected trading range for today is between 1535.00 support and 1565.00 resistance.

 

The expected trend for today: Bearish

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