Midday update for Gold 24-08-2023

Economies.com
2023-08-24 09:46AM UTC

Gold price shows more bullish bias to gradually approach our first extended target at 1929.00, waiting to get positive motive that assist to push the price to achieve more gains that reach 1945.20 after surpassing the previous level.

 

Therefore, we will continue to suggest the bullish trend for today unless breaking 1913.15 and holding below it.

 

The expected trading range for today is between 1905.00 support and 1940.00 resistance.

 

The expected trend for today: Bullish

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