Commodities

Midday update for Gold 13-10-2021

2021-10-13 09:39:13 GMT (Economies.com)

Gold price trades with clear positivity to test the key resistance 1770.00, which urges caution from the upcoming trading, as breaching this level followed by breaching 1780.00 will push the price to achieve additional gains that reach 1800.00, while the price needs to consolidate below the first level to resume the bearish track that its first target located at 1735.00.

 

The expected trading range for today is between 1735.00 support and 1775.00 resistance.

 

The expected trend for today: Bearish

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