Midday update for Gold 28-01-2021
Economies.com
2021-01-28 11:23AM UTC
Gold price shows some bullish bias now to head towards potential retest to 1850.80 level, and the EMA50 meets this level to add more strength to it, and as long as the price is below this level, our bearish overview will remain valid for today, waiting to get negative motive that supports the expectations of visiting 1820.00 followed by 1800.00 levels mainly.
The expected trading range for today is between 1820.00 support and 1850.00 resistance.
The expected trend for today: Bearish
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