the gold in rising toword 2664.2668,2672
the gold in 2664.2668,2672
Gold price traded positively yesterday to succeed achieving our first waited target at 2655.00$, waiting for more rise to achieve additional gains that reach 2710.00$, supported by moving above the EMA50.
Therefore, the bearish trend will remain valid on the intraday basis, noting that breaking 2620.00$ will put the price under negative pressure that its targets begin at 2560.00$ and extend to 2513.10$.
The expected trading range for today is between 2640.00$ support and 2675.00$ resistance.
Gold price traded positively yesterday to succeed achieving our first waited target at 2655.00$, waiting for more rise to achieve additional gains that reach 2710.00$, supported by moving above the EMA50.
Therefore, the bearish trend will remain valid on the intraday basis, noting that breaking 2620.00$ will put the price under negative pressure that its targets begin at 2560.00$ and extend to 2513.10$.
The expected trading range for today is between 2640.00$ support and 2675.00$ resistance.
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