Midday update for Gold 17-06-2022
Economies.com
2022-06-17 09:20AM UTC
Gold price fluctuates around 1850.00 level and still below it until now, and stochastic continues to provide the negative signals on the four hours’ time frame, waiting to resume the bearish bias that targets 1810.00 followed by 1780.25 levels, to keep the bearish trend scenario conditioned by the price consolidation below 1850.00.
The expected trading range for today is between 1820.00 support and 1855.00 resistance.
The expected trend for today: Bearish
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