Gold price keeps its positive stability – Analysis - 25-01-2022
Economies.com
2022-01-25 05:19AM UTC
Gold price resumed its positive trades after the decline that it witnessed yesterday, as its consolidated above 1830.00 level, to keep the bullish trend valid on the intraday basis, organized inside the bullish channel that has positive targets that start by testing 1860.00 areas.
The EMA50 supports the expected bullish wave, while breaking 1830.00 followed by 1825.15 levels represent negative factor that will press on the price to turn to decline.
The expected trading range for today is between 1830.00 support and 1860.00 resistance.
The expected trend for today: Bullish
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