Midday update for Gold 20-09-2023
Economies.com
2023-09-20 09:07AM UTC
Gold price continues to fluctuate around the key support 1929.00, while stochastic begins to overlap positively, to support the chances of resuming the bullish trend in the upcoming sessions, which its next main target located at 1945.20.
In general, the bullish trend scenario will remain valid and active for today unless breaking 1929.00 and holding with a daily close below it.
The expected trading range for today is between 1920.00 support and 1950.00 resistance.
The expected trend for today: Bullish
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