Midday update for Gold 20-01-2020

Economies.com
2020-01-20 11:08AM UTC

Gold price keeps its stability above 1554.10 level, to keep the bullish trend scenario active for today, which gets positive support by the EMA50, waiting to visit 1575.90 level initially, reminding you that it is important to hold above 1554.10 to continue the suggested bullish wave.

 

The expected trading range for today is between 1550.00 support and 1575.00 resistance.

 

The expected trend for today: Bullish

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