Midday update for Gold 11-09-2023

Economies.com
2023-09-11 09:14AM UTC

Gold price shows new attempts to breach 1929.00 level, which supports the continuation of our bullish overview for today, reminding you that the main waited target is located at 1945.20.

 

Stochastic positivity supports the chances of rising in the upcoming sessions, taking into consideration that failing to achieve the required breach will push the price to decline towards 1913.15 initially before any new attempt to rise.

 

The expected trading range for today is between 1913.00 support and 1940.00 resistance.

 

The expected trend for today: Bullish

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