Midday update for Gold 15-09-2020

Economies.com
2020-09-15 10:03AM UTC

Gold price managed to hit our initial target at 1967.90 and making attempts to breach it, waiting for more of the upside to head towards our next station that extends to 2008.80, where the price organizes within a minor bullish channel that supports the positive expectations, reminding you that the continuation of the bullish trend is conditioned by holding above 1945.00 and 1934.86.

 

The expected trading range for today is between 1945.00 support and 1985.00 resistance.

 

The expected trend for today: Bullish

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