Midday update for Gold 30-03-2023

Economies.com
2023-03-30 11:42AM UTC

Gold prices shows positive trades now to gradually move away from 1962.50 level, which supports the continuation of the expected bullish trend for today, supported by the technical indicators that provide positive signals now, waiting to visit 2000.00 as a next target.

 

Therefore, we will continue to suggest the bullish trend on the intraday and short term basis, reminding you that holding above 1962.50 is important to continue the expected rise and guarantee not turning back to the correctional bearish track again.

 

The expected trading range for today is between 1945.00 support and 1980.00 resistance.

 

The expected trend for today: Bullish

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