Midday update for Gold 19-10-2021
Economies.com
1 year ago
Gold price shows more bullish bias to move away from 1770.00 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to head towards our next main target at 1797.00, noting that moving above the EMA50 supports the suggested positive scenario, which will remain valid unless breaking 1770.00 and holding below it.
The expected trading range for today is between 1760.00 support and 1795.00 resistance.
The expected trend for today: Bullish
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