Midday update for Gold 22-10-2020

Economies.com
2020-10-22 09:01AM UTC

Gold price shows weak trades since morning, and the bearish trend scenario still suggested as long as 1934.86 level remains intact, waiting tor esume the negative trading that its targets begin by testing 1901.80 level, which breaking it represents the key to rally towards 1880.00 followed by 1860.90 levels as nxt negative targets.

 

The expected trading range for today is between 1890.00 support and 1930.00 resistance.

 

The expected trend for today: Bearish

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