Gold price resumes the rise – Analysis - 28-12-2021

2021-12-28 04:39:57 GMT (Economies.com)
 

Gold price crawls upwards to move away from 1797.00 level, reinforcing the expectations of continuing the bullish trend, waiting to test 1825.15 level as a next positive target.

 

The EMA50 supports the expected positive scenario, noting that breaching the targeted level will extend the bullish wave to reach 1860.00, while the expected rise will remain valid unless breaking 1797.00 and holding below it.

 

The expected trading range for today is between 1795.00 support and 1830.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0735
0.0082
0.7688%
1.2532
-0.0031
0.2444%
22.112
0.200
0.915%
110.258
0.119
0.108%
113.69
0.29
0.26%
1867.280
10.845
0.584%
 
 
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