Gold trades mixed in a narrow range

2 November, 2017

Gold trades mixed in a narrow range

Gold trades mixed in a narrow range between 1280 and 1270. The buying pressure still exists pushing the gold upwards. However, the level 1280 is on its way and won’t let the spot further.  A rebound from 1270 pointed to strong buyers who will not give up their attempt to regain the level. On the other side, if the upper limit of the range stands we could expect a decline to 1265.


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