Midday update for Gold 27-02-2020
Economies.com
2020-02-27 10:47AM UTC
Gold price fluctuates near 1655.90 level, and we still waiting to breach this level to confirm the continuation of the main bullish trend, noting that the EMA50 keeps supporting the price from below, to keep our positive overview that targets 1720.00 areas mainly, while holding above 1635.20 represents key condition to continue the suggested rise.
The expected trading range for today is between 1635.00 support and 1670.00 resistance.
The expected trend for today: Overall Bullish
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