Midday update for Gold 03-07-2019
Economies.com
2019-07-03 10:44AM UTC
Gold price settles around 1425.00 level since morning, and the price needs to get rid of its negative momentum and get enough positive momentum to push trading to resume the bullish wave and breach 1439.00 level to confirm the continuation of the bullish trend on the intraday and short term basis.
In general, we will continue to suggest the bullish trend for today conditioned by the price stability above 1400.00, reminding you that our next main target extends to reach 1500.00.
The expected trading range for today is between 1410.00 support and 1440.00 resistance.
The expected trend for today: Bullish
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