Midday update for Gold 13-03-2023
Economies.com
2023-03-13 10:38AM UTC
Gold price tested 1878.80 level and rebounds bullishly from there now, reinforcing the expectations of continuing the bullish trend for the rest of the day, which targets 1928.60 followed by 1960.00 levels as next main stations.
Therefore, the positive scenario will remain active for the upcoming period, supported by the EMA50 that carries the price from below, reminding you that holding above 1878.80 represents key condition to achieve the waited targets.
The expected trading range for today is between 1870.00 support and 1905.00 resistance.
The expected trend for today: Bullish
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