Midday update for Gold 24-10-2018
Economies.com
2018-10-24 10:24AM UTC
Gold price continues to fluctuate above the previously breached resistance of the bullish pennant pattern, and stochastic keeps gathering the positive momentum, to keep our bullish overview for today, which gets continuous support by the EMA50, waiting to breach 1238.30 level to open the way to head towards 1262.50 as a next station, reminding you that it is important to hold above 1220.00 to continue the expected rise.
Expected trading range for today is between 1220.00 support and 1245.00 resistance.
Expected trend for today: Bullish
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