Midday update for Gold 26-02-2021
Economies.com
2021-02-26 11:25AM UTC
Gold price managed to break 1765.00 and closed the last four hours’ candlestick below it, which supports the continuation of the bearish trend scenario efficiently for the rest of the day, paving the way to head towards our next waited target at 1740.00, reminding you that the continuation of the expected decline depends on the price stability below 1785.00.
The expected trading range for today is between 1750.00 support and 1785.00 resistance.
The expected trend for today: Bearish
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