Gold price begins with strong positivity – Analysis - 04-01-2021
Economies.com
2021-01-04 05:00AM UTC
Gold price opened today with strong rise to surpass 1900.00 barrier and approaches our main waited target at 1928.60, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, noting that surpassing the mentioned target will extend Gold gains to reach 1970.00 as a next station.
Therefore, we will continue to suggest the bullish trend for the upcoming period, noting that holding above 1890.00 represents key condition to continue the expected rise.
The expected trading range for today is between 1905.00 support and 1940.00 resistance.
The expected trend for today: Bullish
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