Midday update for Gold 05-08-2019

Economies.com
2019-08-05 11:00AM UTC

Gold price managed to breach 1450.00 level and attempts to settle above it, which supports the continuation of our bullish trend expectations efficiently for the rest of the day, easing the way towards 1500.00 that represents our next main target, reminding you that holding above 1435.00 is important for the expected rise.

 

The expected trading range for today is between 1435.00 support and 1470.00 resistance.

 

The expected trend for today: Bullish

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