Midday update for Gold 21-12-2021

Economies.com
2021-12-21 10:45AM UTC

Gold price trades with clear positivity to attack 1797.00 level and attempts to activate the positive scenario again, supported by stochastic and the EMA50 positivity, making the bearish bias suggested in the upcoming sessions conditioned by the price stability above 1785.00, noting that our main expected target is located at 1825.15.

 

The expected trading range for today is between 1775.00 support and 1810.00 resistance.

 

The expected trend for today: Depends on the above mentioned levels

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