Gold price keeps its positive stability – Analysis - 20-10-2021

2021-10-20 04:17:53 GMT (Economies.com)
 

Gold price consolidated above 1770.00 level, and begins to provide positive trades by today’s open, accompanied by stochastic reach to the oversold areas, to provide positive motive that we are waiting to push the price to visit 1797.00 initially.

 

Therefore, the positive scenario will remain active for the upcoming period, noting that breaking 1770.00 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 1760.00 support and 1795.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9692
0.0037
0.3832%
1.0809
-0.0011
0.1026%
18.837
-0.021
0.114%
81.791
2.497
3.149%
89.32
3.00
3.48%
1655.515
10.155
0.617%
 
 
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