Midday update for Gold 24-07-2023

Economies.com
2023-07-24 09:07AM UTC

Gold prices shows sideways trades since morning, settling around the EMA50, thus, no change to the expected bearish trend for today, waiting to visit 1945.20 level as a next main target, reminding you that breaching 1977.25 will stop the expected bearish trend and push the price to attempt to regain the main bullish trend again.

 

The expected trading range for today is between 1945.00 support and 1977.00 resistance.

 

The expected trend for today: Bearish

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