Midday update for Gold 20-01-2021

2021-01-20 10:04:42 GMT (Economies.com)
 

Gold price breached 1850.80 level clearly and closed the last four hours’ candlestick above it, which stops the morning suggested negative scenario and push the price for more expected bullish correction in the upcoming sessions, on its way to visit 1871.55 as a next target.

 

Therefore, the bullish bias will be suggested for the rest of the day unless breaking 1850.80 level and holding below it again.

 

The expected trading range for today is between 1840.00 support and 1871.00 resistance.

 

The expected trend for today: Bullish for the rest of the day

 
 
 
  Symbol Last Change Chg.%
1.1911
-0.0143
1.1851%
1.3838
-0.0097
0.6972%
Tadawul
9242.28
-68.88
0.74%
25.247
-1.621
6.035%
66.283
4.812
7.828%
69.56
2.85
4.27%
1700.790
-39.040
2.244%
 
 
Live Forex Updates