Midday update for Gold 08-08-2022

2022-08-08 10:20:40 GMT (Economies.com)
 

Gold price resumes its positive trading and attempts to surpass the minor resistance 1779.25, reinforcing the expectations of continuing the bullish trend, which targets 1802.80 as a first positive station, noting that the EMA50 and stochastic continues to support the suggested bullish wave, which will remain valid conditioned by the price stability above 1755.70.

 

The expected trading range for today is between 1760.00 support and 1795.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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