Gold price activates the positive scenario – Analysis - 13-04-2022
9 months ago

Gold price confirmed breaching 1960.00 level after closing the daily candlestick above it, to activate the bullish trend scenario on the intraday basis, waiting for more rise to visit 2000.00 as a next positive target.


Holding above 1960.00 is important to continue the expected rise, as breaking it will press on the price to turn to decline and head to test 1925.35 areas initially.


The expected trading range for today is between 1950.00 support and 1990.00 resistance.


The expected trend for today: Bullish

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