Midday update for Gold 21-09-2020

Economies.com
2020-09-21 09:12AM UTC

Gold price shows bearish bias now to head towards potential test to the key support 1934.86, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend scenario active for the upcoming period, as breaking it will turn the intraday track to decline to head towards 1901.80 mainly, while the positive targets of the expected bullish wave begin at 1967.90.

 

The expected trading range for today is between 1935.00 support and 1980.00 resistance.

 

The expected trend for today: Bullish

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