Midday update for Gold 07-06-2022
Economies.com
2022-06-07 09:40AM UTC
Gold price trades with clear positivity to start testing 1850.00 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, which its targets extend to reach 1890.00, noting that stochastic provides positive motive that supports the expected rise, which will remain valid unless breaking 1838.10 and holding below it.
The expected trading range for today is between 1830.00 support and 1865.00 resistance.
The expected trend for today: Bullish
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