Midday update for Gold 07-12-2021
Economies.com
2021-12-07 10:30AM UTC
Gold price didn’t show any strong move since morning, and as long as the price is below 1797.00, our bearish overview will remain valid and active for today, which gets continuous support by the EMA50, reminding you that our main targets begin at 1770.00 and extend to 1734.00 after breaking the previous level.
The expected trading range for today is between 1755.00 support and 1790.00 resistance.
The expected trend for today: Bearish
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