Gold price gets a new positive signal – Analysis - 26-07-2022
Economies.com
2022-07-26 03:04AM UTC
Gold price continues to fluctuate around 1726.60 level, and the EMA5o provides the positive support to the price, to protect the recently suggested bullish trend scenario, noticing that stochastic begins to overlap positively now.
Therefore, these factors support the chances of resuming the bullish bias now, waiting to visit 1755.70 as a next positive target, reminding you that it is important to hold above 1726.60 and 1720.00 to continue the expected rise.
The expected trading range for today is between 1715.00 support and 1750.00 resistance.
The expected trend for today: Bullish
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