Midday update for Gold 05-07-2022

Economies.com
2022-07-05 09:48AM UTC

Gold price shows negative trades now, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that we are waiting to visit 1780.25 followed by 1750.00 levels as next main stations, while holding below 1818.00 represents the first condition to continue the suggested decline.

 

The expected trading range for today is between 1780.00 support and 1825.00 resistance.

 

The expected trend for today: Bearish

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