Midday update for Gold 23-08-2023
Economies.com
2023-08-23 10:12AM UTC
Gold price attempts to breach 1897.00 level and attempts to hold above it now, reinforcing the expectations of continuing the bullish trend for today, reminding you that we are waiting to visit 1913.15 as a next main target.
Note that breaching the targeted level will extend the bullish wave to reach 1929.00 followed by 1945.20 levels as next main stations, while the expected rise will remain valid unless breaking 1889.35 and holding below it.
The expected trading range for today is between 1885.00 support and 1913.15 resistance.
The expected trend for today: Bullish
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