Midday update for Gold 22-12-2021

Economies.com
2021-12-22 11:05AM UTC

Gold price didn’t show any strong move since morning, to fluctuate around the EMA50, thus, our neutrality will remain valid until we get clearer signal for the next trend, through breaching one of the next trend keys represented by 1784.50 support and 1797.00 resistance.

 

To review the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 1765.00 support and 1805.00 resistance.

 

The expected trend for today: Depends on the above mentioned levels

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