Midday update for Gold 02-08-2021

2021-08-02 09:00:47 GMT (Economies.com)
 

Gold price shows negative trades now in attempt to reach our waited target at 1797.00, to keep the bearish trend scenario active for today, noting that breaking the mentioned level will extend the bearish wave to reach 1770.00 on the near term basis, while the expected decline will remain valid unless breaching 1825.15 and holding above it.

 

The expected trading range for today is between 1790.00 support and 1825.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1732
0.0018
0.1562%
1.3721
0.0045
0.3323%
Tadawul
11270.57
-40.58
0.36%
22.723
0.422
1.895%
73.480
2.547
3.591%
77.56
0.31
0.40%
1754.825
-1.980
0.113%
 
 
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