Midday update for Gold 06-05-2021

2021-05-06 10:18:45 GMT (Economies.com)
 

Gold price resumed its bullish rally to approach our first waited target at 1800.00, reinforcing the expectations of continuing the bullish trend, which its next target located at 1838.00, supported by the EMA50, reminding you that the continuation of the bullish wave requires holding above 1784.00.

 

The expected trading range for today is between 1775.00 support and 1810.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1942
0.0040
0.3378%
1.3931
0.0037
0.2631%
Tadawul
10919.68
6.62
0.06%
26.055
0.067
0.256%
73.589
1.763
2.454%
75.56
0.32
0.43%
1777.845
-0.545
0.031%
 
 
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