Midday update for Gold 18-04-2019
Economies.com
2019-04-18 10:01AM UTC
Gold price tests 1275.30 level now, which represents the first protection factor to the continuation of the correctional bearish scenario besides the second resistance 1282.00, noticing that the EMA50 keeps pressing negatively on the price, to keep our bearish overview for today conditioned by the price stability below the mentioned levels, reminding you that our next main target is located at 1253.20.
The expected trading range for today is between 1253.20 support and 1282.00 resistance.
The expected trend for today: Bearish
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