Midday update for Gold 03-08-2022

Economies.com
2022-08-03 10:37AM UTC

Gold price didn’t show any strong move since morning, and as long as the price is above 1755.70, our bullish overview will remain valid, supported by stochastic and the EMA50 positivity, reminding you that our targets begin at 1779.25 and extend to 1802.80 after surpassing the previous level.

 

The expected trading range for today is between 1755.00 support and 1790.00 resistance.

 

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The expected trend for today: Bullish

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