Midday update for Gold 14-08-2019

Economies.com
2019-08-14 10:09AM UTC

Gold price continues the attempts to breach 1503.25 level, and as long as the price is above 1483.60, our bullish overview will remain valid for the upcoming period, noting that our next target is located at 1560.00, while breaking 1483.60 will press on the price to achieve more bearish correction on the intraday basis.

 

The expected trading range for today is between 1485.00 support and 1530.00 resistance.

 

The expected trend for today: Bullish

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