Midday update for Gold 01-06-2022
Economies.com
2022-06-01 09:17AM UTC
Gold price settles below the broken neckline of the double top pattern, to keep the negative effect of this pattern active, waiting for more decline to achieve our negative targets that start at 1810.00 and extend to 1780.00, reminding you that the continuation of the bearish wave depends on the price stability below 1850.00.
The expected trading range for today is between 1815.00 support and 1850.00 resistance.
The expected trend for today: Bearish
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