Midday update for Gold 24-06-2022

Economies.com
2022-06-24 09:16AM UTC

Gold price shows some slight bullish bias now, affected by stochastic positivity, while the bearish trend scenario still valid for today depending on the price stability below 1850.00, supported by the EMA50, reminding you that our main waited targets begin at 1810.00 and extend to 1780.25.

 

The expected trading range for today is between 1800.00 support and 1840.00 resistance.

 

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The expected trend for today: Bearish

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