Midday update for Gold 02-12-2022

Economies.com
2022-12-02 10:14AM UTC

Gold price provides new positive trades now to keep its consolidation above 1800.00 barrier, to keep the bullish trend scenario valid and active for today, supported by the EMA50, waiting to visit 1815.00 followed by 1850.00 levels as next main targets, reminding you that holding above 1786.50 is important to achieve these targets.

 

The expected trading range for today is between 1780.00 support and 1825.00 resistance.

 

The expected trend for today: Bullish

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