Gold price is recovering – Analysis - 13-06-2022
Economies.com
2022-06-13 04:07AM UTC
Gold price opens today’s trading with temporary decline to fluctuate around 1865.00, waiting to get positive motive that assist to push the price to resume the bullish wave on the intraday basis, which its next target located at 1890.00.
The EMA50 supports the price from below, to continue suggesting the bullish trend for the upcoming period conditioned by the price stability above 1850.00 and 1838.10 levels, as breaking the last level will press on the price to return to the main bearish track again.
The expected trading range for today is between 1850.00 support and 1890.00 resistance.
The expected trend for today: Bullish
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