Midday update for Gold 25-09-2020

Economies.com
2020-09-25 09:16AM UTC

Gold price shows positive trading in attempt to move away from the intraday bullish channel’s support that appears in the image, while the price remains confined between the trend keys that are represented by 1860.90 support and 1877.00 resistance, as we mentioned this morning, the price needs to surpass one of these levels to detect our next trend clearly, which makes us keep our neutrality until now.

 

to recognize the expected targets from the breach, please review our morning report.

 

The expected trading range for today is between 1840.00 support and 1900.00 resistance.

 

The expected trend for today: Neutral

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