Midday update for Gold 08-12-2023

Economies.com
2023-12-08 10:36AM UTC

Gold price didn’t show any strong move since morning, to keep the bullish trend scenario valid as it is without any change, waiting to get positive motive that assist to push the price to achieve the main expected target at 2075.25, noting that breaking 2016.00 will put the price under negative pressure and start bearish correction on the intraday basis.

 

The expected trading range for today is between 2015.00 support and 2050.00 resistance.

 

The expected trend for today: Bullish

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