Midday update for Gold 01-10-2020

Economies.com
2020-10-01 09:01AM UTC

Gold price made new test to 1901.80 level and still below it until now, which makes us keep our bearish overview that depends on the price stability below the mentioned level, waiting to get negative motive that supports the chances of heading towards our main targets that start at 1877.00 followed by 1860.90.

 

The expected trading range for today is between 1870.00 support and 1910.00 resistance.

 

The expected trend for today: Bearish

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