Midday update for Gold 02-02-2023

Economies.com
2023-02-02 10:21AM UTC

Gold price keeps its stability above 1950.00 level, to keep the bullish trend scenario active for today, supported by the EMA50 that continues to carry the price from below, waiting to get enough positive momentum to push the price to head towards our next main target at 2000.00.

 

The expected trading range for today is between 1940.00 support and 1975.00 resistance.

 

The expected trend for today: Bullish

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