Midday update for Gold 24-09-2021
Economies.com
2021-09-24 10:31AM UTC
Gold price settles around 1755.00 level since morning, noticing that stochastic loses its positive momentum clearly, to support the chances of resuming the expected bearish trend for the upcoming period, which its targets begin at 1735.00 and extend to 1692.00 after breaking the previous level, reminding you that the continuation of the bearish wave requires holding below 1770.00.
The expected trading range for today is between 1725.00 support and 1770.00 resistance.
The expected trend for today: Bearish
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