Gold price heads towards the support – Analysis - 23-07-2019
Economies.com
2019-07-23 05:05AM UTC
Gold price begins today’s trading negatively to press on the bullish trend line, expecting to test the most important support 1410.90 before turning back to resume the bullish trend.
Until now, the overall positive scenario still active conditioned by the price stability above the mentioned support, as breaking it will push the price to start correctional bearish wave that its first main target located at 1385.00, while the expected bullish wave targets begin at 1450.00 and extend to 1500.00.
The expected trading range for today is between 1405.00 support and 1440.00 resistance.
The expected trend for today: Bullish
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