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Midday update for Gold 29-12-2021

2021-12-29 10:19:03 GMT (Economies.com)
Midday update for Gold 29-12-2021
 

Gold price shows additional bearish bias to approach testing 1797.00 level, and as long as the price is above this level, our bullish overview will remain valid for today, supported by stochastic positivity, besides the EMA50 that carries the price from below, reminding you that our next main target is located at 1825.15.

 

The expected trading range for today is between 1795.00 support and 1825.00 resistance.

 

The expected trend for today: Bullish

 
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