Midday update for Gold 08-03-2021
Economies.com
2021-03-08 10:40AM UTC
Gold price resumed its negative trades strongly to start pressing on 1692.00 level and moves below it, which supports the continuation of our bearish overview efficiently for the upcoming sessions, opening the way to head towards 1655.00 that represents our next main target, reminding you that the continuation of the expected decline conditions holding below 1718.00.
The expected trading range for today is between 1680.00 support and 1720.00 resistance.
The expected trend for today: Bearish
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