Midday update for Gold 05-05-2022
Economies.com
2022-05-05 09:48AM UTC
Gold price trades at the key support 1890.00 now, and as we mentioned this morning, the price needs to hold above this level to keep the bullish trend active for today, as breaking it will press on the price to resume the main bearish wave, while the next positive target is located at 1925.35.
The expected trading range for today is between 1885.00 support and 1925.35 resistance.
The expected trend for today: Bullish
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