Midday update for Gold 08-10-2021
Economies.com
2021-10-08 10:07AM UTC
Gold price continues to fluctuate around the EMA50, and as long as the price is below 1770.00, our bearish overview will remain valid for today, organized inside the bearish channel, reminding you that we are waiting to visit 1735.00 initially, which breaking it represents the key to rally towards 1692.00 as a next main target.
The expected trading range for today is between 1735.00 support and 1770.00 resistance.
The expected trend for today: Bearish
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