Gold price gets a positive signal – Analysis - 07-09-2021
Economies.com
2021-09-07 04:20AM UTC
Gold price hovers around 1825.15 since yesterday, noticing that stochastic begins to overlap positively, waiting to motivate the price to resume the bullish trend, which moves organized inside the bullish channel that appears on the chart, waiting to visit 1860.00 mainly.
Therefore, our bullish overview will remain valid and active for the upcoming period, noting that breaking 1818.00 will stop the suggested rise and press on the price to visit 1797.00 areas before any new attempt to rise.
The expected trading range for today is between 1810.00 support and 1850.00 resistance.
The expected trend for today: Bullish
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