Midday update for Gold 10-03-2021

2021-03-10 10:16:04 GMT (Economies.com)
 

Gold price’s recent trades are confined within minor bearish channel that appears on the chart, and the price still below 1721.00, while the EMA50 continues to form negative pressure against the price, to keep the bearish trend scenario valid and active for today, waiting to visit 1692.00 followed by 1660.00 after breaking the previous level, reminding you that it is important to hold below 1721.00 to continue the suggested decline.

 

The expected trading range for today is between 1690.00 support and 1725.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2063
0.0010
0.0850%
1.3897
0.0003
0.0198%
Tadawul
10228.35
-26.53
0.26%
27.316
0.796
3.003%
64.812
0.902
1.411%
68.18
-0.77
1.12%
1814.630
25.045
1.399%
 
 
Live Forex Updates