Midday update for Gold 09-06-2022
Economies.com
2022-06-09 09:29AM UTC
Gold price hovers around the bullish channel’s support line, and stochastic attempts to gather the positive momentum, waiting to motivate the price to resume the bullish trend that targets 1890.00 as a next main station.
In general, we will continue to suggest the bullish trend for the upcoming period unless breaking 1850.00 followed by 1838.10 levels and holding below them.
The expected trading range for today is between 1840.00 support and 1875.00 resistance.
The expected trend for today: Bullish
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