Midday update for Gold 10-12-2021
Economies.com
2021-12-10 10:56AM UTC
Gold price shows additional negative trades to reach the first target at 1770.00, waiting for more decline to break this level and open the way to extend the bearish wave towards 1734.00, to continue suggesting the bearish trend for the rest of the day supported by the EMA50, reminding you that it is important to hold below 1797.00 to continue the expected decline.
The expected trading range for today is between 1755.00 support and 1795.00 resistance.
The expected trend for today: Bearish
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