Gold price shows more bearish bias to break the main bullish channel’s support line, reinforcing the expectations of continuing the decline for the rest of the day, which targets testing 1925.35 mainly, reminding you that the continuation of the bearish wave depends on the price stability below 1960.00.

The expected trading range for today is between 1925.00 support and 1965.00 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0169	-0.0050	0.4913%
Midday update for the EURUSD 16-08-2022
	GBP/USD	1.2097	-0.0007	0.0584%

	Silver	20.115	-0.136	0.672%

	Oil	86.802	-0.459	0.526%
Midday update for Crude oil 16-08-2022
	Brent Oil	92.34	-2.76	2.90%

	Gold	1776.035	-5.650	0.317%
Midday update for Gold 16-08-2022

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