Gold price begins with new positivity – Analysis - 28-12-2020
Economies.com
2020-12-28 06:55AM UTC
Gold price opens today’s trading with new rise to touch 1900.00$ barrier, to support the continuation of the main bullish trend that its targets located at 1906.00 followed by 1928.60, to keep our positive overview for the upcoming period, which will remain valid conditioned by the price stability above 1864.00.
Note that the holidays’ season continues, and the trading volumes are weak, thus, we might witness mixed volatile trades, which makes us recommend avoiding trading until markets get back to the normal conditions.
The expected trading range for today is between 1864.00 support and 1905.00 resistance.
The expected trend for today: Bullish
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