Midday update for Gold 21-04-2022

Gold price resumes its negative trades after testing 1960.00 level in the previous sessions, motivated by stochastic negativity that appears clearly now, waiting for more decline to visit 1925.35 level 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 1970.00 resistance.

The expected trend for today: Bearish