Midday update for Gold 13-05-2022
Economies.com
2022-05-13 09:16AM UTC
Gold price shows negative trades to head towards resuming the expected bearish trend for today, to keep the bearish trend scenario active as long as 1850.00 level remains intact, supported by the negative pressure formed by the EMA50, reminding you that we are waiting to visit 1780.25 as a next main target.
The expected trading range for today is between 1800.00 support and 1840.00 resistance.
The expected trend for today: Bearish
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