Gold price confirms the break – Analysis - 09-10-2018

2018-10-09 04:23:08 GMT (Economies.com)
Gold price confirms the break – Analysis - 09-10-2018
 

Gold price confirmed breaking 1190.00 level after closing the daily candlestick below it, which supports the continuation of our bearish overview efficiently in the upcoming period, waiting to target 1180.00 followed by 1160.00 levels that represent our next main stations.

 

The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 1208.40.

 

Expected trading range for today is between 1170.00 support and 1200.00 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1583
0.0038
0.3300%
1.3154
0.0067
0.5127%
14.693
0.096
0.658%
71.722
0.239
0.334%
80.83
0.40
0.50%
1226.940
9.280
0.762%
 
 
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