Commodities

Midday update for Gold 14-09-2018

2018-09-14 10:12:46 GMT (Economies.com)

Gold price shows new test to 1208.40 level, and as long as the price is below this level, the bearish trend scenario will remain active for today, as breaching it will lead the price to turn to rise and visit 1220.00 level initially, while the suggested bearish wave targets begin at 1180.00.

 

Expected trading range for today is between 1180.00 support and 1215.00 resistance.

 

Expected trend for today: Bearish

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