Gold price faces a negative pressure to move below 1503.24, which requires being aware from the upcoming trading, where the price might be forced to visit 1483.60 level before it return to rise again.

The price needs to step above 1503.24 to resume the main bullish trend, pointing that our initial main target that is located at 1535.00.

The expected trading range for today is between 1490.00 support and 1520.00 resistance.

The expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.0997	-0.0038	0.3425%
Midday update for the EURUSD 29-01-2020
	GBP/USD	1.2998	-0.0084	0.6444%

	Tadawul	8185.51	19.43	0.24%

	Silver	17.515	-0.589	3.253%

	Oil	53.955	-0.318	0.585%
Midday update for Crude oil 29-01-2020
	Brent Oil	60.33	0.82	1.38%

	Gold	1571.885	1.255	0.080%
Midday update for Gold 29-01-2020

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