Midday Update for Gold 17-01-2018

in gold •  7 years ago 

Gold is trading sideways and settles around 1340.00 now, and the pair is getting positive support from the 50 SMA, which keeps our bullish outlook for today, noting that our next target is at 1357.53, while the pair needs stability above 1321.49 During the coming sessions.

The trading range for today is among the support at 1330.00 and resistance at 1357.00

The general trend for today is bullish

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Thanks for the update of Gold trading