Midday update for Gold 22-07-2021
Economies.com
2021-07-22 09:45AM UTC
Gold price begins the breaking process to 1797.00 level, which supports the expectations of continuing the bearish trend for the upcoming sessions, paving the way to head towards 1770.00 that represents our next main target, noting that the EMA50 supports the expected decline, which will remain valid unless breaching 1825.15 and holding above it.
The expected trading range for today is between 1775.00 support and 1815.00 resistance.
The expected trend for today: Bearish
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