Gold price faces solid support – Analysis - 15-06-2022

Economies.com
11 months ago

Gold price finds difficulty to confirm breaking 1810.00 level, and continues to fluctuate around it, waiting to get negative motive that assist to push the price to surpass the mentioned level and open the way to achieve our next expected target at 1780.25.

 

In general, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 1838.10 followed by 1850.00 levels and holding above them.

 

The expected trading range for today is between 1790.00 support and 1830.00 resistance.

 

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The expected trend for today: Bearish

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