Midday update for Gold 14-03-2023

Economies.com
2023-03-14 11:14AM UTC

Gold price tests 1900.00 level now, affected by stochastic negativity, while the bullish trend still suggested for today depending on the price stability above 1878.80, waiting to visit 1928.60 followed by 1960.00 levels as next main stations.

 

The EMA50 continues to support the bullish wave, reminding you that breaking 1878.80 will push the price to decline towards 1828.70 as a next main station.

 

The expected trading range for today is between 1890.00 support and 1928.00 resistance.

 

The expected trend for today: Bullish

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