Midday update for Gold 03-12-2021

Economies.com
2021-12-03 11:15AM UTC

Gold price provided positive trades this morning but it declines againt to trade below 1770.00, which keeps our bearish overview valid and active for today, which targets 1734.00 level mainly, noting that consolidating above 1770.00 might lead the price to visit 1797.00 before any new negative attempt.

 

The expected trading range for today is between 1750.00 support and 1785.00 resistance.

 

The expected trend for today: Bearish

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