Midday update for Gold 20-10-2021
Economies.com
2021-10-20 09:14AM UTC
Gold price crawls upwards to move away from 1770.00 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, supported by stochastic positivity that appears on the four hours’ time frame, depending on the price stability above the mentioned level, reminding you that our first main target is located at 1797.00.
The expected trading range for today is between 1760.00 support and 1795.00 resistance.
The expected trend for today: Bullish
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