Midday update for Gold 25-10-2021
Economies.com
2021-10-25 09:50AM UTC
Gold price managed to breach 1797.00 level and closed the last four hours’ candlestick above it, which supports the continuation of our bullish overview efficiently for the rest of the day, motivated by the positive overlapping signal provided by stochastic now, waiting to visit 1825.15 as a next main target, noting that the continuation of the expected rise requires holding above 1797.00 – 1790.00 levels.
The expected trading range for today is between 1785.00 support and 1820.00 resistance.
The expected trend for today: Bullish
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