Midday update for Gold 07-08-2019
Economies.com
2019-08-07 09:03AM UTC
Gold price shows continuous positive attempts to move near 1500.00 level, waiting for breaching this level to visit 1526.85 level that represents our next main target.
Therefore, we will keep our bullish trend expectations that gets support from the EMA50 unless breaking 1450.00 level and holding below it.
The expected trading range for today is between 1470.00 support and 1510.00 resistance.
The expected trend for today: Bullish
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