Commodities

Midday update for Gold 16-11-2018

2018-11-16 10:55:51 GMT (Economies.com)

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

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.