Midday update for Gold 17-06-2019
Economies.com
2019-06-17 09:34AM UTC
Gold price shows negative trades now to test the EMA50, noticing that stochastic reaches the oversold areas, waiting to motivate the price to resume the bullish trend for the rest of the day, which its targets begin by breaching 1346.70 to confirm rallying towards 1365.25 as a next main station, reminding you that it is important to hold above 1326.00 to continue the expected rise.
The expected trading range for today is between 1330.00 support and 1360.00 resistance.
The expected trend for today: Bullish
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