Midday update for Gold 07-01-2022

Economies.com
2022-01-07 10:23AM UTC

Gold price settles within tight track since morning, keeping its stability below 1797.00, which keeps our bearish overview valid for today, supported by the negative pressure formed by the EMA50, reminding you that our main waited target is located at 1770.00.

 

The expected trading range for today is between 1770.00 support and 1810.00 resistance.

 

The expected trend for today: Bearish

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