Midday Update for Gold 21-12-2017

in #gold • 6 years ago

The price of gold shows some slight bearishness to test the pivotal support ground 1263.15 and maintain stability above it, keeping the bullish scenario intact so far, supported by the 50 SMA, noting that we need to breach 1270.00 to facilitate the move towards our first major target at 1281.17.

The trading range for today is among the support at 1260.00 and resistance at 1280.00

The general trend for today is bullish

#commodities #analysis #market #news
6 years ago in #gold by
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     6 years ago 

    Wow fantastic...

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     6 years ago 

    your most welcome.

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     6 years ago 

    This post has received a 10.45 % upvote from @upmyvote thanks to: @ohamdache. Send at least 1 SBD to @upmyvote with a post link in the memo field to promote a post! Sorry, we can't upvote comments.

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       6 years ago 

      You got a 18.93% upvote from @postpromoter courtesy of @ohamdache!

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         6 years ago 

        This post has received gratitude of 1.18 % from @appreciator thanks to: @ohamdache.

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