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Midday update for Gold 20-01-2023

Economies.com
2023-01-20 10:35AM UTC

Gold price fluctuates around 1928.60 level, and it needs to build solid support base above this level to reinforce the expectations of continuing the bullish trend in the upcoming sessions, which targets 1950.00 as a next main station, reminding you that the continuation of the bullish wave requires holding above 1928.60.

 

The expected trading range for today is between 1915.00 support and 1950.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 20-01-2023

Economies.com
2023-01-20 10:35AM UTC

The GBPUSD pair fluctuates within tight track since morning, and as long as the price is above 1.2295, our bullish overview will remain valid for today, organized inside the bullish channel that appears on the chart, reminding you that our next main target reaches 1.2590.

 

The expected trading range for today is between 1.2310 support and 1.2480 resistance.

 

The expected trend for today: Bullish

Midday update for the EURUSD 20-01-2023

Economies.com
2023-01-20 10:35AM UTC

The EURUSD pair shows more calm bullish bias, to keep the bullish trend scenario active for today, supported by the EMA50, waiting to visit 1.0915 mainly, reminding you that it is important to hold above 1.0745 to continue the expected rise.

 

The expected trading range for today is between 1.0760 support and 1.0930 resistance.

 

The expected trend for today: Bullish

Coffee price rebounds above the support – Analysis – 20-1-2023

Economies.com
2023-01-20 06:28AM UTC

Coffee price attempted to end the negative attack by bouncing above 146.00 support line, to decrease the previous losses by settling near 154.60.

 

Note that it is important to gather the positive momentum to manage to renew the positive attempts and target 163.40 level initially, while surpassing this obstacle might extend trades towards 174.15 as a next positive target for the bullish attempts.

 

The expected trading range for today is between 150.00 and 163.40

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3288.070 (2025-07-09 06:15AM UTC)