Midday update for Gold 02-01-2019

Economies.com
2019-01-02 10:23AM UTC

Gold price managed to achieve our waited target at 1286.70 and attempts to breach it now, which supports the continuation of our bullish overview efficiently in the upcoming sessions, paving the way to head towards 1316.65 as a next main target, reminding you that the continuation of the expected rise conditions holding above 1262.50.

 

Expected trading range for today is between 1270.00 support and 1300.00 resistance.

 

Expected trend for today: Bullish

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