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Midday update for Gold 12-12-2019

Economies.com
2019-12-12 10:42AM UTC

Gold price shows weak trades since morning and settles around 1475.00, and as long as the price is above 1467.00, the intraday bullish trend scenario will remain valid, waiting to visit 1489.00 mainly, reminding you that breaking 1467.00 will stop the suggested rise and push the price to decline again.

 

The expected trading range for today is between 1460.00 support and 1489.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 12-12-2019

Economies.com
2019-12-12 10:41AM UTC

The GBPUSD pair settles around 1.3200 level and still above it, and the price needs to get enough positive momentum to push trading to continue the main bullish trend, which its next main target located at 1.3380, while holding above 1.3055 represents main condition to achieve it.

 

The expected trading range for today is between 1.3150 support and 1.3320 resistance.

 

The expected trend for today: Bullish

Midday update for the EURUSD 12-12-2019

Economies.com
2019-12-12 10:41AM UTC

The EURUSD pair shows some slight bearish bias now affected by stochastic negativity, and it might test the key support base 1.1108 before resuming the expected rise for today.

 

Until now, the intraday positive scenario still valid conditioned by the price stability above 1.1108, reminding you that our targets begin at 1.1180 and extend to 1.1280 after surpassing the previous level.

 

The expected trading range for today is between 1.1050 support and 1.1250 resistance.

 

The expected trend for today: Bullish

Copper price keeps the positive stability– Analysis – 12-12-2019

Economies.com
2019-12-12 07:43AM UTC

Copper price continued to form a bullish trading in the last period, to notice recording 2.7850 level, the continuation of providing positive momentum by stochastic reach to the overbought level besides the stability of the main support at 2.7000 forms supported factors for the continuation of the positivity, to keep waiting for reaching 2.8380 and surpassing it might extend the trading towards 2.9000 in the upcoming period.

 

The expected trading range for today is between 2.7500 and 2.8380

 

The expected trend for today: Bullish

 

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3327.540 (2025-07-15 19:15PM UTC)