Gold price gets a positive close – Analysis - 13-01-2022

2022-01-13 05:02:37 GMT (Economies.com)
 

Gold price closed the daily candlestick above 1825.15 level, reinforcing the expectations of continuing the bullish trend on the intraday basis, waiting to get positive motive to assist to push the price towards 1860.00 that represents our next main target.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period, taking into consideration that failing to consolidate above 1825.15 will press on the price to decline towards 1797.00 areas again before any new attempt to rise.

 

The expected trading range for today is between 1810.00 support and 1840.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1346
-0.0059
0.5130%
1.3612
-0.0045
0.3324%
Tadawul
12260.13
73.83
0.61%
24.138
1.126
4.891%
86.168
2.299
2.741%
87.70
0.18
0.21%
1840.250
19.790
1.087%
 
 
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