Midday update for Gold 16-11-2018

2018-11-16 10:55:51 GMT (

Gold price keeps its stability above 1212.00 level, and the EMA50 continues to support the price from below, to keep our bearish overview for today, which targets 1238.30 level as a next main station, reminding you that the continuation of the expected rise depends on the price stability above 1212.00 and 1208.40 levels.


Expected trading range for today is between 1200.00 support and 1230.00 resistance.


Expected trend for today: Bullish

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