Gold price gets a positive signal – Analysis - 09-06-2021
Economies.com
2021-06-09 04:17AM UTC
Gold price settles above the EMA50, and stochastic begins to provide positive signals now, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which targets 1928.60 as a next station.
Therefore, our bullish overview will remain valid and active, noting that breaking 1868.00 will press on the price to start bearish correction on the intraday basis.
The expected trading range for today is between 1880.00 support and 1920.00 resistance.
The expected trend for today: Bullish
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