Midday update for Gold 28-09-2023
Economies.com
2023-09-28 09:25AM UTC
Gold price shows sideways and tight trades since morning, settling around 1873.50, thus, no change to the expected bearish trend scenario for today, which its targets begin by breaking the mentioned level to confirm rallying towards 1860.00 followed by 1845.00 levels, noting that it is important to hold below 1885.00 to continue the expected decline.
The expected trading range for today is between 1855.00 support and 1890.00 resistance.
The expected trend for today: Bearish
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