Midday update for Gold 13-01-2021

Economies.com
2021-01-13 10:07AM UTC

Gold price faces solid resistance at 1863.80, to trade with clear negativity and heads towards potential test to the key support 1838.10, and as long as the price is above this level, our bullish overview will remain valid for today, and the price needs to surpass the mentioned resistance to get strong positive motive that assists to push the price to rally towards 1880.00 that represents our first positive target.

 

The expected trading range for today is between 1845.00 support and 1880.00 resistance.

 

The expected trend for today: Bullish

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