Midday update for Gold 30-09-2022
Economies.com
2022-09-30 09:14AM UTC
Gold price resumes its positive trading to move away from 1660.00 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, and the way is open to head towards 1686.40 as a next main target, being aware that it is important to monitor the price when reaching this level, as breaching it will extend the bullish wave to reach 1708.55 as a next correctional station, while the expected rise will remain valid unless breaking 1660.00 and holding below it.
The expected trading range for today is between 1645.00 support and 1686.00 resistance.
The expected trend for today: Bullish
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