Midday update for Gold 05-07-2019
Economies.com
2019-07-05 10:26AM UTC
Gold price continues to fluctuate within sideways track and keeps its stability above 1400.00 level, thus, no change to the bullish trend scenario that depends on the price stability above the mentioned level, as breaking it will press on the price to return to the correctional bearish track again, while our main targets begin by breaching 1439.00 to open the way to head towards 1500.00 as a next main station.
The expected trading range for today is between 1410.00 support and 1440.00 resistance.
The expected trend for today: Bullish
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