Midday update for Gold 27-10-2023
Economies.com
2023-10-27 10:37AM UTC
Gold price fluctuates near the bullish channel’s support line, getting continuous positive support by the EMA50, which supports the chances of continuing the rise within this channel and head to achieve our positive targets that start at 2000.00 and extend to 2016.90.
In general, we will continue to suggest the bullish trend for today unless breaking 1977.25 ad holding with a daily close below it.
The expected trading range for today is between 1975.00 support and 2005.00 resistance.
The expected trend for today: Bullish
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