Midday update for Gold 29-01-2020
Economies.com
2020-01-29 11:11AM UTC
Gold price shows some bullish bias affected by stochastic positivity, but as long as the price is below 1575.90, our bearish overview will remain valid for today, waiting to visit 1554.10 as a next target, reminding you that breaching 1575.90 will stop the suggested decline and leads the price to return to the main bullish track again.
The expected trading range for today is between 1554.00 support and 1575.00 resistance.
The expected trend for today: Bearish temporarily
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