Midday update for Gold 15-06-2022
Economies.com
11 months ago
Gold price shows bullish bias now, affected by stochastic positivity, while the EMA50 continues to press negatively on the price, to continue suggesting the bearish trend that targets 1780.25 as a next main station, reminding you that the continuation of the bearish wave depends on the price stability below 1838.10 and 1850.00 levels.
The expected trading range for today is between 1790.00 support and 1830.00 resistance.
The expected trend for today: Bearish
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