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
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