Midday update for Gold 13-04-2023
Economies.com
2023-04-13 10:55AM UTC
Gold price shows more bullish bias to fluctuate around 2025.00 level now, getting continuous positive support by stochastic and the EMA50, waiting for more rise in the upcoming sessions to achieve our positive targets that start at 2040.00 and extend to 2074.85.
Holding above 2003.00 is important to continue the bullish trend, as breaking it will put the price under correctional bearish pressure that its targets begin by visiting 1980.10 areas.
The expected trading range for today is between 2005.00 support and 2040.00 resistance.
The expected trend for today: Bullish
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