Midday update for Gold 26-03-2020
Economies.com
2020-03-26 11:24AM UTC
Gold price resumes its positive trades to move away from 1599.10 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, reminding you that we are waiting to breach 1633.60 level to confirm extending the bullish wave towards 1689.30 that represents our next main target, noting that the EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 1599.10.
The expected trading range for today is between 1585.00 support and 1635.00 resistance.
The expected trend for today: Bullish
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