Gold price leans on the support base – Analysis - 24-01-2022
Economies.com
2022-01-24 05:13AM UTC
Gold price bounced bullishly after testing the support base 1830.00, to keep the bullish trend scenario valid and active on the intraday basis, organized inside the bullish channel that appears on the chart, waiting to visit 1860.00 mainly.
The EMA50 continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 1825.15.
The expected trading range for today is between 1825.00 support and 1855.00 resistance.
The expected trend for today: Bullish
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