Commodities

Midday update for Gold 25-03-2020

2020-03-25 10:53:06 GMT (Economies.com)

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

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.