Midday update for Gold 16-12-2019
Economies.com
2019-12-16 10:28AM UTC
Gold price fluctuates with slight positivity now, while stochastic continues to provide the negative signals on the four hours’ time frame, waiting to motivate the price to resume the expected bearish trend for today, which targets 1460.00 followed by 1447.00 levels initially, reminding you that it is important to hold below 1489.00 to continue the correctional bearish trend.
The expected trading range for today is between 1455.00 support and 1485.00 resistance.
The expected trend for today: Bearish
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