Midday update for Gold 12-04-2021

Economies.com
2021-04-12 08:57AM UTC

Gold price continues to fluctuate at the EMA50 and keeps its stability below it, to keep the bullish trend scenario valid and active for today, waiting to resume the positive trades that target 1765.00 as a next station, noting that breaking 1731.00 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 1727.00 support and 1760.00 resistance.

 

The expected trend for today: Bullish

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