Gold price confirmed breaking 1797.00 level after ending yesterday below it, to activate the negative scenario on the intraday basis, on its way to visit 1770.00 as a next main target.

Moving below the EMA50 supports the expected decline, noting that breaching 1797.00 and holding above it will stop the current negative pressure and lead the price to recover again.

The expected trading range for today is between 1770.00 support and 1810.00 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1346	-0.0059	0.5130%
Midday update for the EURUSD 19-01-2022
	GBP/USD	1.3612	-0.0046	0.3368%

	Tadawul	12260.13	73.83	0.61%

	Silver	24.138	1.126	4.891%

	Oil	86.168	2.299	2.741%
Midday update for Crude oil 19-01-2022
	Brent Oil	87.70	0.18	0.21%

	Gold	1840.250	19.790	1.087%
Update: Gold price breaches the resistance

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