Midday update for Gold 14-02-2020

Economies.com
2020-02-14 11:08AM UTC

Gold price attempts to breach 1575.90 level, reinforcing the expetations of continuing the bullish trend for the rest of the day, on its way to head towards 1611.20 that represents our next positive target, noting that failing to achieve the required breach might pus the price to test 1554.10 level again before any new positive attempt.

 

The expected trading range for today is between 1560.00 support and 1595.00 resistance.

 

The expected trend for today: Bullish

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