Gold price gathers the positive momentum – Analysis - 22-10-2021

Gold price didn’t show any strong move yesterday, to continue fluctuating around 1785.00, thus, no change to the bullish trend scenario that depends on the price stability above 1770.00, supported by the positive signals provided by stochastic now, reminding you that our expected targets begin at 1797.00 and extend to 1825.15 after breaching the previous level.

The expected trading range for today is between 1770.00 support and 1800.00 resistance.

The expected trend for today: Bullish