Midday update for Gold 23-09-2022
Economies.com
2022-09-23 09:18AM UTC
Gold price resumes its negative trading clearly to attack 1665.00 level and attempts to confirm breaking it, reinforcing the expectations of continuing the bearish trend efficiently for the rest of the day, paving the way to head towards our next main target at 1644.00, noting that the EMA50 continues to support the suggested bearish wave, which will remain valid conditioned by the price stability below 1680.00.
The expected trading range for today is between 1650.00 support and 1685.00 resistance.
The expected trend for today: Bearish
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