Midday update for Gold 09-06-2021
Economies.com
2021-06-09 11:12AM UTC
Gold price hovers around the EMA50, waiting to resume the positive trades to head towards our main expected target at 1928.60, as the bullish trend scenario still active as long as 1868.00 level remains intact, noting that the bullish channel that confines the current trades has expected positive targets that surpass 1928.60 to reach 1945.00 areas.
The expected trading range for today is between 1880.00 support and 1920.00 resistance.
The expected trend for today: Bullish
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