Midday update for Gold 04-08-2022
Economies.com
2022-08-04 13:03PM UTC
Gold price managed to breach 1779.25 level and attempts to hold above it, which supports the continuation of the expected bullish trend scenario for the upcoming period efficiently, opening the way to head towards our next positive target at 1802.80, noting that holding above 1779.25 represents the first condition to continue the suggested rise.
The expected trading range for today is between 1755.00 support and 1790.00 resistance.
The expected trend for today: Bullish
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