Midday update for Gold 27-10-2021
Economies.com
2021-10-27 09:10AM UTC
Gold price tests the key support 1783.00, which represents one of the next trend keys beside 1797.00 resistance, and as we mentioned this morning, the price needs to surpass one of these levels to detect its next destination clearly, which makes us continue with our neutrality until now.
To review the details of the expected targets after the breach, please check our morning report.
The expected trading range for today is between 1770.00 support and 1810.00 resistance.
The expected trend for today: Neutral
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