Midday update for Gold 17-01-2022

Economies.com
2022-01-17 11:09AM UTC

Gold price shows bullish bias to approach the key resistance 1825.15, waiting to breach this level to confirm extending the bullish wave to reach 1860.00, supported by the EMA50, motivated by stochastic positivity, reminding you that it is important to hold above 1813.00 to continue the expected rise.

 

The expected trading range for today is between 1810.00 support and 1840.00 resistance.

 

The expected trend for today: Bullish

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