Midday update for Gold 11-10-2021
Economies.com
2021-10-11 09:43AM UTC
Gold price shows negative trades to break 1757.00 and attempts to hold below it, which supports the continuation of our bearish overview efficiently for the rest of the day, which targets 1735.00 as a next main station, supported by moving below the EMA50, reminding you that the continuation of the bearish wave requires holding below 1770.00 and 1780.00 levels.
The expected trading range for today is between 1735.00 support and 1770.00 resistance.
The expected trend for today: Bearish
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