Midday update for Gold 03-08-2020

Economies.com
2020-08-03 09:41AM UTC

Gold price still stuck between the trend confirmation levels represented by 1937.20 support and 1981.20 resistance, to continue with our neutrality until we get clearer signal for the next trend, as the price faces contradiction between the technical factors.

 

To review the details of the expected targets after the breach, pelase check our morning report.

 

The expected trading range for today is between 1935.00 support and 2010.00 resistance.

 

The expected trend for today: Neutral

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