Midday update for Gold 16-10-2020
Economies.com
2020-10-16 10:16AM UTC
Gold price shows calm positive trades to move away gradually from 1901.80 level, which supports the continuation of the expected bullish trend for today, supported by the EMA50 that carries the price from below, waiting to head towards 1934.86 as a next main target, reminding you that it is important to hold above 1901.80 to continue the suggested rise.
The expected trading range for today is between 1890.00 support and 1935.00 resistance.
The expected trend for today: Bullish
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