Gold price tested 1755.70 level again and kept its stability above it, to rebound bullishly and resume the correctional bullish wave, waiting to breach 1779.25 to confirm opening the way to head towards 1802.80.

The EMA50 continues to support the expected rise, which moves organized inside the bullish channel that appears on the chart, noting that the continuation of the bullish wave requires holding above 1755.70.

The expected trading range for today is between 1755.00 support and 1790.00 resistance.

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The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0265	0.0067	0.6597%
Midday update for the EURUSD 12-08-2022
	GBP/USD	1.2139	0.0022	0.1816%

	Silver	20.583	0.219	1.075%

	Oil	92.262	3.784	4.277%
Midday update for Crude oil 12-08-2022
	Brent Oil	97.88	-1.74	1.75%

	Gold	1796.970	15.295	0.859%
Midday update for Gold 12-08-2022

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