Gold price shows mixed trades – Analysis - 22-12-2021
Economies.com
2021-12-22 05:36AM UTC
Gold price fluctuates between the key levels represented by the support line that declines to 1784.50 and 1797.00 resistance, which makes us continue monitoring the price and stay aside until the price confirms surpassing one of these levels.
Note that breaking the mentioned support will press on the price to decline towards 1770.00 areas again as a first negative target, while breaching the resistance will lead the price to start recovery trip that targets 1825.15 mainly.
The expected trading range for today is between 1765.00 support and 1805.00 resistance.
The expected trend for today: Depends on the above mentioned levels
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