Midday update for Gold 13-12-2023

Economies.com
2023-12-13 10:46AM UTC

Gold price shows sideways and tight trades since morning, thus, no change to the expected bearish for today, which its targets begin by breaking 1977.46 to confirm rallying towards 1938.00 as a next correctional station, noting that breaching 1990.00 will stop the expected decline and push the price to recover and visit 2019.90 areas before any new attempt to decline.

 

The expected trading range for today is between 1960.00 support and 1990.00 resistance.

 

The expected trend for today: Bearish

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