Midday update for Gold 17-05-2021
Economies.com
2021-05-17 12:48PM UTC
Gold price shows some slight bearish bias after touching 1855.00 level, waiting to get positive momentum that assist to push the price to resume the main bullish trend, which gets continuous support by the EMA50, depending on the price stability above 1838.00, reminding you that our next target is located at 1865.00.
The expected trading range for today is between 1838.00 support and 1865.00 resistance.
The expected trend for today: Bullish
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