Midday update for Gold 01-06-2020

Economies.com
2020-06-01 10:14AM UTC

Gold price shows some slight bearish bias but it settles above the EMA50, thus, we will continue to suggest the bullish trend for today, which depends on the price stability above 1719.00, reminding you that our positive targets begin at 1764.00 and extend to 1810.00 after surpassing the previous level.

 

The expected trading range for today is between 1720.00 support and 1764.00 resistance.

 

The expected trend for today: Bullish

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