Midday update for Gold 30-07-2021
Economies.com
2021-07-30 09:01AM UTC
Gold price keeps its stability above 1825.15 level, to keep the bullish trend valid and active for today, supported by the EMA50 that continues to carry the price from below, waiting to head towards 1860.00 as a main target, noting that breaking 1825.15 will put the price under intraday negative pressure that targets testing 1797.00 again before any new attempt to rise.
The expected trading range for today is between 1810.00 support and 1860.00 resistance.
The expected trend for today: Bullish
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