Midday update for Gold 21-01-2022

2022-01-21 10:55:05 GMT (Economies.com)
 

Gold price faces negative pressure to test the key horizontal support that appears on the chart at 1830.00, accompanied by stochastic approach to the oversold areas, waiting to rebound bullishly and head towards our next positive target at 1860.00, to keep our bullish overivew that moves inside the bullish channel that appears on the chart unless breaking 1825.15 and holding below it.

 

The expected trading range for today is between 1825.00 support and 1860.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0748
0.0095
0.8941%
1.2636
0.0073
0.5831%
22.115
0.203
0.926%
114.045
3.906
3.546%
117.34
-0.13
0.11%
1853.445
-2.990
0.161%
 
 
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