Midday update for Gold 13-07-2021
Economies.com
2021-07-13 09:10AM UTC
Gold price settles at the intraday bullish channel’s support line, getting continuous positive support by the EMA50, waiting to gather enough positive momentum to push the price to continue the rise in the upcoming sessions, as the bullish trend scenario still valid on the intraday basis conditioned by the price stability above 1797.00, reminding you that our first target is located at 1825.15.
The expected trading range for today is between 1795.00 support and 1830.00 resistance.
The expected trend for today: Bullish
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