Midday update for Gold 31-08-2023
Economies.com
2023-08-31 09:20AM UTC
Gold price hovers around 1945.20 level, waiting to get positive motive that assist to push the price to resume the expected bullish trend for the upcoming period, which targets 1960.00 followed by 1977.25 areas as next main stations, noting that breaking 1942.00 will stop the positive scenario and push the price to turn to decline for the rest of the day.
The expected trading range for today is between 1930.00 support and 1960.00 resistance.
The expected trend for today: Bullish
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