Midday update for Gold 15-03-2021
Economies.com
2021-03-15 10:22AM UTC
Gold price shows positive trades now to approach testing the key resistance 1735.00, and as we mentioned this morning, the price needs to hold below this level to keep the bearish trend active for the upcoming period, which targets 1692.00 initially, noting that breaching the mentioned resistance will push the price to achieve additional gains that reach 1755.00 and might extend to 1765.00 before any new attempt to decline.
The expected trading range for today is between 1700.00 support and 1740.00 resistance.
The expected trend for today: Bearish
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