Midday update for Gold 24-03-2020
Economies.com
2020-03-24 10:47AM UTC
Gold price resumes its positive trades to reach our first waited target at 1599.00, and we suggest the continuation of the bullish bias to breach this level and head towards 1633.60 as a next station.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 1571.20, noting that the EMA50 supports the expected rise.
The expected trading range for today is between 1543.00 support and 1600.00 resistance.
The expected trend for today: Bullish
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