Midday update for Gold 28-05-2020
Economies.com
2020-05-28 10:51AM UTC
Gold price shows more bullish bias to approach our waited target at 1729.30, and we suggest the continuation of the rise to surpass this level and open the way to achieve more gains that reach 1764.00 on the near term basis.
In general, the positive scenario will remain valid for today unless we witnessed clear break and hold below 1691.10.
The expected trading range for today is between 1700.00 support and 1730.00 resistance.
The expected trend for today: Bullish
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