Midday update for Gold 03-10-2022
Economies.com
2022-10-03 09:47AM UTC
Gold price shows weak sideways trades since morning, and as long as the price is above 1660.00, our bullish overview will remain valid, supported by the positive signal provided by stochastic, waiting to resume the bullish bias to visit 1686.40 as a next main station, noting that the EMA50 continues to support the suggested bullish wave.
The expected trading range for today is between 1650.00 support and 1686.00 resistance.
The expected trend for today: Bullish
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