Gold price continues the tight fluctuation – Analysis - 26-07-2023
Economies.com
2023-07-26 04:04AM UTC
Gold price didn’t show any strong move yesterday, as it continues to trade around 1960.00, which keeps the bearish trend scenario valid as it is without any change, waiting to visit 1945.20 mainly.
We remind you that breaking the targeted level will extend gold price losses to reach 1913.15 on the near-term basis, while breaching 1977.25 represents the key to resume the main bullish trend and head to achieve gains that reach 2000.00 followed by 2016.90.
The expected trading range for today is between 1945.00 support and 1977.00 resistance.
The expected trend for today: Bearish
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