Midday update for Gold 22-07-2019

Economies.com
2019-07-22 09:20AM UTC

Gold price settles above the bullish trend line until now, and the EMA50 continues to support the price from below, while the positive signals appear through stochastic.

 

Therefore, we will keep our bullish overview conditioned by the price stability above 1410.90, reminding you that our main targets begin at 1450.00 and extend to 1500.00 after breaching the previous level.

 

The expected trading range for today is between 1415.00 support and 1460.00 resistance.

 

The expected trend for today: Bullish

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