Midday update for Gold 20-04-2022

Economies.com
2022-04-20 09:37AM UTC

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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