Midday update for Gold 09-04-2020
Economies.com
2020-04-09 10:58AM UTC
Gold price resumes its positive trading to move away from 1644.20, which supports the continuation of the expected bullish trend for today, supported by stochastic positivity, and the way open to head towards 1703.25 that represents our next main station, noting that the EMA50 keeps carrying the price from below, while holding above 1644.20 represents key condition to continue the expected rise.
The expected trading range for today is between 1635.00 support and 1680.00 resistance.
The expected trend for today: Bullish
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