Midday update for Gold 12-02-2024

Economies.com
2024-02-12 10:27AM UTC

Gold price almost didn’t show any move since morning, noticing that stochastic begins to overlap positively now, waiting to motivate the price to resume the expected bullish trend for today, which depends on the price stability above 2016.90, while its targets begin by breaching 2032.00 to ease the mission of rallying towards 2065.70 as a next main station.

 

The expected trading range for today is between 2010.00 support and 2040.00 resistance.

 

The expected trend for today: Bullish

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