Gold price surpasses the resistance – Analysis - 30-07-2021
Economies.com
2021-07-30 04:01AM UTC
Gold price ended yesterday above 1825.15 level, to confirm the activation of the positive scenario and head to achieve more rise on the intraday basis, and the way is open to visit 1860.00 level that represents the first positive target.
Therefore, the bullish trend will be suggested for the upcoming sessions supported by the EMA50, organized inside the bullish channel that appears on the chart, noting that holding above 1825.15 is important to continue the expected rise.
The expected trading range for today is between 1810.00 support and 1860.00 resistance.
The expected trend for today: Bullish
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