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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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Daily analysis of Gold for April 10, 2018

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Overview

Gold price shows new attempts to breach 1335.40 now, which urges caution from the upcoming trading, as confirming the breach will open the way to turn to rise and regain the main bullish trend. Until now, we will keep the negative scenario unless the price settled above 1335.40, supported by stochastic negativity, reminding you that our main waited target is located at 1316.48. The expected trading range for today is between the 1316.00 support and the 1345.00 resistance.

The material has been provided by InstaForex Company - www.instaforex.com