Gold price tests the resistance – Analysis - 21-04-2022
Economies.com
2022-04-21 01:32AM UTC
Gold price provided positive trades to test the key resistance 1960.00, keeping its stability below it until now, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the negative trades to head towards 1925.35 that represents our main target.
Therefore, we will continue to suggest the bearish trend for the upcoming period unless the price rallied to breach 1960.00 and hold with a daily close above it.
The expected trading range for today is between 1925.00 support and 1970.00 resistance.
The expected trend for today: Bearish
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