Gold price activates the positive scenario – Analysis - 23-09-2019
Economies.com
2019-09-23 04:55AM UTC
Gold price confirmed breaching 1505.00 level after ending Friday’s trading above it, to activate the bullish trend scenario again, on its way to achieve gains that start at 1524.00 and extend to 1555.00 after breaching the previous level.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions supported by moving above the EMA50, conditioned by the price stability above 1485.00.
The expected trading range for today is between 1505.00 support and 1535.00 resistance.
The expected trend for today: Bullish
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