Gold price approaches the target – Analysis - 21-01-2020
Economies.com
2020-01-21 05:39AM UTC
Gold price provided positive trades on yesterday’s evening to settle around 1565.00, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, on its way to test 1575.90 that represents our first target, noting that surpassing this level will push the price to 1611.20 as a next main station.
Therefore, the positive scenario will remain valid for the upcoming period unless breaking 1554.10 level and holding below it.
The expected trading range for today is between 1555.00 support and 1585.00 resistance.
The expected trend for today: Bullish
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