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Midday update for Gold 25-01-2023

Economies.com
2023-01-25 11:08AM UTC

Gold price shows additional negative trades to press on 1928.00 level, which urges caution from the upcoming trading, as continuing the decline and breaking 1921.00 will stop the recently suggested positive scenario and force the price to achieve some bearish correction, while the price needs to trade above 1937.00 to regain the bullish trend that its next target located at 1950.00.

 

The expected trading range for today is between 1915.00 support and 1950.00 resistance.

 

The expected trend for today: Bullish

Midday update for the GBPUSD 25-01-2023

Economies.com
2023-01-25 11:08AM UTC

The GBPUSD pair faces new negative pressure to break 1.2320 and attempts to hold below it, which hints heading to start intraday bearish correction, and we prefer to stay aside until the price confirms its situation according to the mentioned level, as confirming the break will push the price to achieve negative targets that start at 1.2160, while stepping above it again will revive the positive scenario that its first target located at 1.2440.

 

The expected trading range for today is between 1.2230 support and 1.2400 resistance.

 

The expected trend for today: Neutral

Midday update for the EURUSD 25-01-2023

Economies.com
2023-01-25 11:08AM UTC

The EURUSD pair shows some slight bearish bias now, affected by stochastic negativity, and as long as the price is above 1.0840, our bullish overview will remain valid for today, supported by the EMA50 that carries the price from below, reminding you that our next main target reaches 1.1030.

 

The expected trading range for today is between 1.0820 support and 1.0970 resistance.

 

The expected trend for today: Bullish

The GBPAUD resumes the decline – Analysis – 25-1-2023

Economies.com
2023-01-25 05:48AM UTC

The GBPAUD pair succeeded to decline below the additional support 1.7505, to open the way to resume the main bearish attack and record 1.7345 level, while stochastic consolidation within the oversold areas will increase the chances of gathering the negative momentum, to manage to resume the decline and wait to achieve the next main target at 1.7195.

 

The expected trading range for today is between 1.7440 and 1.7200

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 23:05PM UTC)