Gold turns the intraday track 16/11/2012
Economies.com
2012-11-16 06:06AM UTC
The price breached 1718.00 and settled below, to ease the way for a bearish bias might be preferred for today to visit the psychological barrier at 1700.00 and might extend to reach 1692.00
For now, neutrality is preferred, as Stochastic offers positive signals might assist for bullish momentum return, and monitoring the price behavior according to 1721.00 and 1710.00 is required.
Expected trading range for today is between: 1710.00 support and 1750.00 resistance.
Expected trend for today: Neutral
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