Midday update for Gold 08-12-2021

Economies.com
2021-12-08 10:26AM UTC

Gold price fluctuates within tight track since morning, and as long as the price is below 1797.00, our bearish overview will remain valid for today, supported by stochastic reach to the overbought areas, waiting to rebound bearishly to continue the bearish trend that its first main target located at 1770.00.

 

The expected trading range for today is between 1765.00 support and 1800.00 resistance.

 

The expected trend for today: Bearish

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