Midday update for Gold 02-08-2022

2022-08-02 08:59:27 GMT (Economies.com)
 

Gold price fluctuates within tight track since morning, affected by stochastic negativity to show some slight bearish bias, but as long as the price is above 1755.70, our bullish overview will remain valid for today, supported by the EMA50, waiting to breach 1779.25 to confirm rallying towards 1802.80 as a next station.

 

The expected trading range for today is between 1760.00 support and 1795.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0265
0.0067
0.6597%
1.2139
0.0022
0.1816%
20.583
0.219
1.075%
92.262
3.784
4.277%
97.88
-1.74
1.75%
1796.970
15.295
0.859%
 
 
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