Midday update for Gold 22-01-2024
Economies.com
2024-01-22 09:53AM UTC
Gold price is testing the key support 2016.90, and stochastic continues to gather the positive momentum, to reach the oversold areas, waiting to rebound bullishly to resume the expected bullish trend for today, which its main target located at 2065.70.
Breaching 2028.70 will ease the mission to achieve the suggested target, reminding you that it is important to hold above 2016.90 to continue the expected rise.
The expected trading range for today is between 2010.00 support and 2045.00 resistance.
The expected trend for today: Bullish
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