Midday update for Gold 01-07-2022

Economies.com
2022-07-01 09:17AM UTC

Gold price shows additional negative trades to approach gradually from our waited target at 1780.25, being aware that we need to monitor the price at this level, as breaking it will push the price to suffer new losses that reach 1750.00, while holding below 1814.00 represents initial condition to continue the suggested bearish trend.

 

The expected trading range for today is between 1780.00 support and 1820.00 resistance.

 

The expected trend for today: Bearish

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