Midday update for Gold 31-07-2020

Economies.com
2020-07-31 10:14AM UTC

Gold price provided a strong positive trading to test the critical rsistance at 1981.20, as we mentioned this morning, thus level represents one of the next trend keys besides 1937.20 support, where the price needs to breach one of these levels to detect its next trend clearly, which keeps our neutral attitude valid until now.

 

to recognize the expected targets from the breach, please review our morning report.

 

The expected trading range for today is between 1910.00 support and 2020.00 resistance.

 

The expected trend for today: Neutral

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