Gold price continues to rise – Analysis - 19-04-2021

Economies.com
2021-04-19 01:19AM UTC

Gold price provided more positive trades to settle around 1780.00 level, reinforcing the expectations of continuing the bullish trend, organized inside the bullish channel that appears on the chart, reminding you that our waited target is located at 1800.00, which breaching it represents the key to rally towards 1838.00 as a next positive station.

 

Therefore, we will continue to suggest the bullish trend conditioned by the price stability above 1765.00.

 

The expected trading range for today is between 1765.00 support and 1800.00 resistance.

 

The expected trend for today: Bullish

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