Midday update for Gold 27-05-2020
Economies.com
2020-05-27 10:00AM UTC
Gold price shows more bearish bias to crawl gradually towards our waited target at 1691.10, to keep the bearish trend scenario active for the rest of the day, reminding you that breaking the mentioned level will push the price to 1646.00 as a next correctional target, while the bearish trend will remain valid conditioned by the price stability below 1725.90 and 1735.00 levels.
The expected trading range for today is between 1690.00 support and 1725.00 resistance.
The expected trend for today: Bearish
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