Midday update for Gold 02-08-2019
Economies.com
2019-08-02 10:26AM UTC
Gold price begins to provide positive trades after consolidating above 1430.00 level, to keep the bullish trend scenario active for today, supported by the EMA50, which targets testing 1450.00 level initially, noting that breaking 1430.00 might press on the price to test the most important support at 1410.90 before any new attempt to rise.
The expected trading range for today is between 1410.00 support and 1450.00 resistance.
The expected trend for today: Bullish
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