Midday update for Gold 18-12-2023
Economies.com
2023-12-18 09:55AM UTC
Gold price crawls upwards calmly to move away gradually from 2016.90 level, reinforcing the expectations of continuing the bullish trend for today, motivated by stochastic positivity, reminding you that our main waited target is located at 2065.70.
Holding above 2016.90 is important to continue the expected rise, due to that breaking it will put the price under the correctional bearish pressure again.
The expected trading range for today is between 2010.00 support and 2045.00 resistance.
The expected trend for today: Bullish
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