Midday update for Gold 19-06-2019
Economies.com
2019-06-19 10:22AM UTC
Gold price shows slight negative trades now on its way for a potential test to the EMA50, accompanied by stochastic approach to the oversold areas, which supports the chances to rebound bullishly to resume the expected bullish trend for today, which depends on the price stability about 1326.00, while its targets begin by surpassing 1346.70 barrier to open the way to head towards 1365.25.
The expected trading range for today is between 1335.00 support and 1360.00 resistance.
The expected trend for today: Bullish
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