Midday update for Gold 03-06-2020

2020-06-03 09:25:07 GMT (Economies.com)
 

Gold price shows new negative trades to press on 1719.00 level and moves below it, which urges caution from the upcoming trading, as consolidating below this level will force the price to achieve more decline and visit 1691.10 level as a next negative station.

 

Until now, we will keep our bullish overview conditioned by the price stability above 1719.00, supported by stochastic that enters the oversold areas now, reminding you that our first target is located at 1764.00.

 

The expected trading range for today is between 1715.00 support and 1760.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1301
-0.0030
0.2612%
1.2627
0.0120
0.9571%
Tadawul
7416.67
22.41
0.30%
18.668
0.321
1.750%
40.000
-0.235
0.584%
42.91
0.56
1.32%
1794.685
8.700
0.487%
 
 
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