Midday update for Gold 21-01-2021

Economies.com
2021-01-21 10:58AM UTC

Gold price continues the attempts to breach 1871.55 and faces solid resistance therefore, and as long as the price is above 1850.80, our bullish overview will remain valid for today, supported by the EMA50, reminding you that our next target reaches 1888.30.

 

The expected trading range for today is between 1855.00 support and 1890.00 resistance.

 

The expected trend for today: Bullish

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