Midday update for Gold 11-05-2021

2021-05-11 10:18:36 GMT (Economies.com)
 

Gold price continues to fluctuate around 1838.00 level, waiting to surpass this level followed by surpassing 1850.00 to confirm the continuation of the main bullish trend, reminding you that our next target reaches 1865.00.

 

Stochastic begins to provide positive overlapping signals that support the expected positive scenario, which will remain valid and active unless breaking 1825.00 and holding below it.

 

The expected trading range for today is between 1820.00 support and 1855.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1933
0.0031
0.2600%
1.3919
0.0025
0.1817%
Tadawul
10919.68
6.62
0.06%
25.949
-0.040
0.152%
73.569
1.743
2.427%
75.56
0.32
0.43%
1774.350
-4.040
0.227%
 
 
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