Midday update for Gold 10-08-2022
Economies.com
2022-08-10 09:26AM UTC
Gold price shows weak trades since morning, and continues to move at the intraday bullish channel’s support line, while stochastic keeps gaining the positive momentum, which supports the continuation of our bullish overview, which targets 1802.80 initially, reminding you that breaching it will push the price to 1831.95, while holding above 1779.25 represents the first condition to continue the suggested rise.
The expected trading range for today is between 1780.00 support and 1810.00 resistance.
The expected trend for today: Bullish
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