Gold price rallies again – Analysis - 14-04-2021
Economies.com
2021-04-14 02:25AM UTC
Gold price rallied upwards strongly yesterday to cancel the potential negative formation and lead the price to achieve expected gains in the upcoming sessions, as it reactivates the bullish trend scenario that its next main target located at 1765.00.
Therefore, we expect witnessing more rise today, supported by moving above the EMA50, noting that the continuation of the bullish wave requires holding above 1731.00.
The expected trading range for today is between 1730.00 support and 1765.00 resistance.
The expected trend for today: Bullish
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