Midday update for Gold 24-01-2020
Economies.com
2020-01-24 11:17AM UTC
Gold price fluctuates with calm negativity to approach 1554.10 level, while stochastic loses its negative momentum gradually, waiting to resume the expected bullish trend for today, which targets 1575.90 level as a first station, noting that breaking 1554.10 will stop the expected rise and press on the price to return to the correctional bearish trend again.
The expected trading range for today is between 1550.00 support and 1575.00 resistance.
The expected trend for today: Bullish
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