Midday update for Gold 24-10-2023
Economies.com
2023-10-24 09:19AM UTC
Gold price continues to fluctuate around 1977.25 level, facing some negative pressure to move below it now, which urges caution from the upcoming trading, as consolidating below this level will stop the positive scenario and put the price under negative pressure that targets 1945.20 areas mainly.
Note that the price needs to step above 1977.25 to reinforce the positive overview that its next main target located at 2016.90.
The expected trading range for today is between 1965.00 support and 2000.00 resistance.
The expected trend for today: Bullish
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