Midday update for Gold 04-08-2021
Economies.com
2021-08-04 09:37AM UTC
The tight range keeps dominating gold price trades, thus, no change to the negative scenario that its first target located at 1797.00, supported by stochastic approach to the overbought areas, reminding you that it is important to hold below 1825.15 to continue the expected decline.
The expected trading range for today is between 1790.00 support and 1825.00 resistance.
The expected trend for today: Bearish
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