Midday update for Gold 07-05-2021
Economies.com
2021-05-07 08:49AM UTC
Gold price resumes its bullish rally to confirm heading towards our next waited target at 1838.00, to keep the bullish trend scenario dominant on the intraday and short term basis, supported by the EMA50, reminding you that holding above 1800.00 represents key condition to continue the expected bullish trend.
The expected trading range for today is between 1800.00 support and 1840.00 resistance.
The expected trend for today: Bullish
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