Midday update for Gold 13-06-2022
Economies.com
2022-06-13 09:13AM UTC
Gold price faced negative pressure to approach testing the first key support 1850.00, affected by stochastic negativity, and as we mentioned this morning, holding above this level and above 1838.10 keeps the bullish trend scenario active for today, supported by the EMA50, reminding you that we are waiting to visit 1890.00 as a next main target.
The expected trading range for today is between 1850.00 support and 1890.00 resistance.
The expected trend for today: Bullish
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