Midday update for Gold 25-06-2021

Economies.com
2021-06-25 09:00AM UTC

Gold price shows some bullish bias to head towards potential test to the key resistance 1800.00, and as we mentioned in our recent reports, the price needs to hold below this level to keep the bearish trend valid for today, which gets continuous support by the EMA50, reminding you that our targets begin by breaking 1770.00 to head towards 1734.10.

 

The expected trading range for today is between 1755.00 support and 1790.00 resistance.

 

The expected trend for today: Bearish

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