Commodities

Midday update for Gold 06-08-2020

2020-08-06 09:03:20 GMT (Economies.com)

Gold price shows new positive trading but it faces resistance barrier at 2050.00, waiting to get positive motive that assists to push the price to continue the main bullish trend, which its next target located at 2078.00, to keep our positive overview unless we witnessed clear break to 1990.00 and holding below it.

 

The expected trading range for today is between 2010.00 support and 2075.00 resistance.

 

The expected trend for today: Bullish

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