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Midday update for Gold 11-06-2021

Economies.com
2021-06-11 09:26AM UTC

Gold price shows negative trades now to move below the breached minor resistance, and it might head for potential test to the major support 1876.00 before turning back to rise again, affected by stochastic negativity.

 

In general, we will continue to suggest the bullish trend as long as the bullish channel’s support at 1876.00 remains intact, noting that we are waiting to visit 1928.60 as a next main target.

 

The expected trading range for today is between 1885.00 support and 1920.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 11-06-2021

Economies.com
2021-06-11 09:26AM UTC

The GBPUSD pair shows some slight bearish bias now affected by stochastic negativity, while until now, no change to the sideways move scenario between 1.4095 support and 1.4238 resistance until the price manages to confirm breaching one of these levels to detect the next targets clearly, noting that the expected targets after the breach are explained in our morning report.

 

The expected trading range for today is between 1.4090 support and 1.4270 resistance.

 

The expected trend for today: Sideways

Midday update for the EURUSD 11-06-2021

Economies.com
2021-06-11 09:26AM UTC

The EURUSD pair still stuck between the key levels represented by 1.2175 support and 1.2190 resistance, to continue with our neutrality until breaching one of these levels followed by detecting the next destination clearly.

 

To review the details of the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 1.2100 support and 1.2280 resistance.

 

The expected trend for today: Neutral

The GBPCHF begins the negative correction – Analysis – 11-6-2021

Economies.com
2021-06-11 06:41AM UTC

Despite the GBPCHF pair‘s consolidation within the bullish channel, its recent crawling below 1.2795 confirms postponing the bullish attack, to start forming correctional bearish waves in the near term and medium term period.

 

Stochastic provides the negative momentum by approaching 20 level, to increase the chances of crawling below the moving average 55 at 1.2590, to manage to record the correctional targets near 1.2520 and 1.2360 levels.

 

The expected trading range for today is between 1.2720 and 1.2590

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 21:45PM UTC)