Midday update for Gold 08-10-2018

2018-10-08 09:38:14 GMT (Economies.com)
Midday update for Gold 08-10-2018
 

Gold price continues to decline to approach 1190.00 level, and as we mentioned this morning, breaking this level will reinforce the expectations of targeting 1180.00 followed by 1160.00 levels as next main stations, while the expected decline will remain valid unless breaching 1208.40 level and holding above it.

 

Expected trading range for today is between 1180.00 support and 1208.00 resistance.

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1580
0.0035
0.3062%
1.3154
0.0067
0.5123%
14.693
0.096
0.658%
71.722
0.239
0.334%
80.85
0.42
0.52%
1226.940
9.280
0.762%
 
 
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