Midday update for Gold 06-08-2019
Economies.com
2019-08-06 09:26AM UTC
Gold price approaches from 1450.00 level now, noticing that stochastic surpasses its negative momentum gradually to approach from the oversold levels, waiting for motivating the price to resume the main bullish trend, which its next main target located at 1500.00, while the expected rise will remain valid unless breaking 1450.00 then 1435.00 levels and holding below them.
The expected trading range for today is between 1450.00 support and 1480.00 resistance.
The expected trend for today: Bullish
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