Midday update for Gold 07-09-2021
Economies.com
2021-09-07 09:33AM UTC
Gold price faces negative pressure to attack 1818.00 level and attempts to hold below it, to hint heading for potential turn for the trend to the downside, to head towards expected visit to 1797.00 in the upcoming sessions.
Therefore, the bearish bias will be suggested for the rest of the day unless the price rallied to breach 1825.15 and hold above it.
The expected trading range for today is between 1800.00 support and 1830.00 resistance.
The expected trend for today: Bearish for the rest of the day
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