Midday update for Gold 18-03-2019

Economies.com
2019-03-18 10:45AM UTC

Gold price trades positively now to attack 1302.60 level, which urges caution from the upcoming trading, as holding above this level will stop the expectations to decline and lead the price to regain the main bullish trend again, which its targets begin at 1320.00 and extend to 1346.70, while the price needs to trade below 1302.60 again to resume the bearish trend that we expect to reach 1275.30 in the upcoming sessions.

 

The expected trading range for today is between 1285.00 support and 1310.00 resistance.

 

The expected trend for today: Bearish

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