Midday update for Gold 13-08-2020
Economies.com
2020-08-13 09:17AM UTC
Gold price continues to fluctuate around 1934.68 level without managing to breach it until now, waiting to get positive motive that assists to surpass this level and head towards our main targets that start at 1967.90 and extend to 2008.80.
In general, we will continue to suggest the bullish trend for the upcoming period conditioned by achieving the required breach, noting that breaking 1901.80 is considered initial negative factor to turn to decline.
The expected trading range for today is between 1900.00 support and 1980.00 resistance.
The expected trend for today: Bullish
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