Midday update for Gold 16-04-2021
Economies.com
2021-04-16 10:30AM UTC
Gold price succeeded to breach the bullish flag’s resistance mentioned in our morning report to get positive motive that pushes the price to resume the bullish trend, which support the continuation of the positive scenario efficiently for the rest of the day, and the way is open to achieve our next target at 1800.00, noting that the continuation of the bullish wave requires holding above 1760.00.
The expected trading range for today is between 1750.00 support and 1790.00 resistance.
The expected trend for today: Bullish
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