Midday update for Gold 14/11/2012

Economies.com
2012-11-14 11:13AM UTC

Sideways’ and narrow trading dominates the gold moves since morning, which remains stable above EMA50, that makes us continue in our morning-issued-expectations without any change, pointing that Stochastic negativity makes it difficult to achieve the waited bullishness.

 

Expected trading range for today is between: 1710.00 support and 1750.00 resistance.

 

Expected trend for today: Bullish 

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