Gold price consolidates below the resistance – Analysis - 23-09-2022
Economies.com
2022-09-23 04:05AM UTC
Gold price continues to fluctuate around the bearish channel’s resistance and keeps its stability below it, falling under continuous negative pressure coming by the EMA50, waiting to resume the bearish wave and head towards 1644.00 as a main negative station.
Breaking 1665.00 will ease the mission of achieving the waited targets, reminding you that it is important to hold below 1680.00 to continue the suggested bearish wave.
The expected trading range for today is between 1650.00 support and 1685.00 resistance.
The expected trend for today: Bearish
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