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Midday update for Gold 22-10-2021

Economies.com
2021-10-22 08:57AM UTC

Gold price resumes its positive trades clearly to reach the thresholds of the first waited target at 1797.00, and we suggest surpassing this level to open the way to head towards 1825.15 as a next main station, noting that the EMA50 supports the suggested bullish wave, which will remain valid unless breaking 1770.00 and holding below it.

 

The expected trading range for today is between 1770.00 support and 1800.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 22-10-2021

Economies.com
2021-10-22 08:57AM UTC

The GBPUSD pair resumed its negative trades to move away from 1.3795 level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, which its main target located at 1.3720, reminding you that breaching 1.3795 and holding above it again will lead the price to regain the main bullish trend.

 

The expected trading range for today is between 1.3700 support and 1.3880 resistance.

 

The expected trend for today: Bearish

Midday update for the EURUSD 22-10-2021

Economies.com
2021-10-22 08:56AM UTC

The EURUSD pair resumed its positive trades after testing 1.1615 level, to keep the bullish trend scenario active for the upcoming period, motivated by the positive overlapping signal provided by stochastic, waiting to test 1.1670 initially, which breaching it represents the key to rally towards 1.1715 followed by 1.1760 levels, while consolidating above 1.1615 represents key condition to achieve these targets.

 

The expected trading range for today is between 1.1550 support and 1.1710 resistance.

 

The expected trend for today: Bullish

Natural gas price gains new positive momentum – Analysis – 22-10-2021

Economies.com
2021-10-22 08:03AM UTC

Natural gas price succeeded to gather the additional positive momentum due to stochastic approach from 80 level, to move away from the additional support at 4.880 and approach the neckline of the double bottom pattern at 5.205.

 

Surpassing the current barrier and activating the positive momentum allow us to expect the beginning of targeting new positive levels that might extend towards the moving average 55 at 5.340 followed by reaching the extended resistance at 5.610.

 

The expected trading range for today is between 5.100 and 5.340

 

The expected trend for today: Bullish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 23:05PM UTC)