Midday update for Gold 23-07-2019
Economies.com
2019-07-23 10:23AM UTC
Gold price shows slight positive trading in attempt to return above the bullish trend line, and stochastic approaches to provide positive overlapping signal on the four hours’ time frame, waiting to motivate the price to provide more rise in the upcoming sessions, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis.
Therefore, we will keep our positive overview conditioned by the price stability above 1410.90, reminding you that our first main target is located at 1450.00.
The expected trading range for today is between 1405.00 support and 1440.00 resistance.
The expected trend for today: Bullish
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