Gold price leans on the support – Analysis - 09-06-2022
Economies.com
2022-06-09 04:09AM UTC
Gold price fluctuates at the bullish channel’s support line, and prepares to build new bullish wave in the upcoming sessions, waiting to visit 1890.00 that represents our next main target.
The EMA50 supports the expected rise, noting that breaking 1850.00 followed by 1838.10 levels will stop the suggested positive scenario and press on the price to turn to decline.
The expected trading range for today is between 1840.00 support and 1875.00 resistance.
The expected trend for today: Bullish
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