Midday update for Gold 22-09-2020

Economies.com
2020-09-22 09:11AM UTC

Gold price shows new negative trades to press on 1901.80 and attempts to confirm breaking it, which supports the continuation of our bearish overview in the upcoming sessions, reminding you that confirming the break will open the way to head towards 1860.90 as a next main target, while the expected decline will remain valid unless the price rallied to breach 1934.86 and holding above it.

 

The expected trading range for today is between 1880.00 support and 1935.00 resistance.

 

The expected trend for today: Bearish

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