Midday update for Gold 02-10-2020
Economies.com
2020-10-02 09:08AM UTC
Gold price traded with clear positivity to breach 1901.80 level and settles above it, which push the price to achieve more expected gaisn for the rest of the day, on its way to visit 1934.86 as a next main station, noting that the continuation of the suggested rise requires holding above 1901.80, as breaking it and trading below it again will reactivate the bearish trend scenario that its main target reaches 1860.90.
The expected trading range for today is between 1870.00 support and 1920.00 resistance.
The expected trend for today: Bullish for the rest of the day
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