Midday update for Gold 21-06-2022

7 months ago

Gold price shows some bearish bias to approach testing the key support 1830.00, which urges caution from the upcoming trading, as the price needs to hold above this level to keep the bullish trend active, which targets 1890.00 followed by 1925.35 levels as next main stations, noting that breaking the mentioned support will turn the intraday and short term track to decline.


The expected trading range for today is between 1825.00 support and 1870.00 resistance.


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The expected trend for today: Bullish

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