Midday update for Gold 06-12-2023

Economies.com
2023-12-06 09:47AM UTC

Gold price attempts to breach the minor resistance 2028.00, reinforcing the expectations to rise today, reminding you that we are waiting to visit 20.750 mainly.

 

Stochastic provides positive signals that support the expected rise, organized inside the bullish channel that appears on the chart, reminding you that it is important to hold above 2006.00 to continue the bullish trend.

 

The expected trading range for today is between 2010.00 support and 2050.00 resistance.

 

The expected trend for today: Bullish

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