Commodities

Midday update for Gold 23-02-2021

2021-02-23 10:10:05 GMT (Economies.com)

Gold price shows some bearish bias to move away gradually from the bearish channel’s resistance, to reinforce the signals of turning back to decline, but we still neutral until the price confirms breaking 1800.00 support or breaching 1820.00 resistance to detect the next targets clearly.

 

To review the expected targets after the breach, please check our morning report.

 

The expected trading range for today is between 1790.00 support and 1830.00 resistance.

 

The expected trend for today: Neutral

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