Commodities

Midday update for Gold 15-08-2022

2022-08-15 08:52:27 GMT (Economies.com)

Gold price shows bearish bias to head towards potential to the key support 1779.25, and as long as the price is above this level, our bullish overview will remain valid and active for today, supported by the EMA50 that carries the price from below, reminding you that our targets begin by breaching 1802.80 to confirm extending the bullish wave towards 1831.95.

 

The expected trading range for today is between 1780.00 support and 1815.00 resistance.

 

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The expected trend for today: Bullish

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