Midday update for Gold 14-12-2023
Economies.com
2023-12-14 09:40AM UTC
Gold price crawls upwards calmly and continues the attempt to return to the bullish channel, to keep the bullish trend scenario valid for today, and the price needs to get positive momentum that assist to continue the rise and achieve our next positive target at 2065.70.
Holding above 2016.90 is important to continue the bullish trend, as breaking it will put the price under the correctional bearish pressure again.
The expected trading range for today is between 2020.00 support and 2055.00 resistance.
The expected trend for today: Bullish
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