Midday update for Gold 30-06-2023

Economies.com
2023-06-30 09:33AM UTC

Gold prices shows new negative trades in attempt to move away from 1913.15 level, motivated by the negative overlapping signal provided by stochastic now, waiting for more decline to visit 1873.50 that represents our next station, to keep the bearish trend scenario valid and active conditioned by the price stability below 1913.15.

 

The expected trading range for today is between 1890.00 support and 1915.00 resistance.

 

The expected trend for today: Bearish

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