Midday update for Gold 28-01-2022
Economies.com
2022-01-28 11:48AM UTC
Gold price resumes its negative trades strongly to break 1797.00 level and open the way to head towards our next negative target at 1770.00, to keep the bearish trend dominant for the rest of the day, which depends on the price stability below 1797.00, being aware that we need to monitor the price when reaching the targeted level, as breaking it will cause additional losses that reach 1735.00.
The expected trading range for today is between 1770.00 support and 1800.00 resistance.
The expected trend for today: Bearish
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