Midday update for Gold 03-06-2022

Economies.com
2022-06-03 09:11AM UTC

Gold price shows some slight bearish bias, affected by stochastic negativity, while the EMA50 provides positive support to the price, to keep our bullish overview unless breaking 1850.00 and 1838.10 levels and holding below it, reminding you that our main waited target is located at 1890.00.

 

The expected trading range for today is between 1850.00 support and 1890.00 resistance.

 

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The expected trend for today: Bullish

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