Midday update for Gold 27-09-2021

2021-09-27 09:22:56 GMT (Economies.com)
 

Gold price resumes the bearish bias after the rise that it witnessed in the previous sessions, supported by stochastic and the EMA50 negativity, waiting for more decline for the rest of the day to visit 1735.00 initially, noting that breaking this level will extend the bearish wave to reach 1692.00, while holding below 1770.00 represents key condition to achieve the suggested targets.

 

The expected trading range for today is between 1735.00 support and 1775.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1614
0.0003
0.0237%
1.3765
0.0026
0.1900%
Tadawul
11861.19
15.26
0.13%
24.406
1.093
4.686%
84.712
1.366
1.639%
86.21
0.66
0.77%
1801.445
31.705
1.792%
 
 
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