Midday update for Gold 22-05-2020
Economies.com
2020-05-22 09:03AM UTC
Gold price shows positive trades now to approach testing the key resistance 1743.00, which represents one of the next trend keys besides 1725.90 support, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.
To review the expected targets after the breach, please check our morning report.
The expected trading range for today is between 1710.00 support and 1750.00 resistance.
The expected trend for today: Depends on the above mentioned levels
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