Midday update for Gold 25-03-2020

Economies.com
2020-03-25 10:53AM UTC

Gold price resumes its positive trades after testing 1599.10 level this morning, waiting to test 1633.60 initially, reminding you that we need to breach this level to confirm extending the bullish wave towards 1689.30, noting that holding above 1599.10 represents initial condition to continue the suggested rise.

 

The expected trading range for today is between 1590.00 support and 1650.00 resistance.

 

The expected trend for today: Bullish

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