Midday update for Gold 26-07-2021
Economies.com
2021-07-26 09:17AM UTC
Gold price shows positive attempts and attempts to surpass the EMA50, noticing that stochastic shows overbought signals, waiting to motivate the price to resume the bearish trend that targets 1797.00 followed by 1770.00 levels as next main stations, reminding you that the continuation of the bearish wave requires holding below 1825.15.
The expected trading range for today is between 1775.00 support and 1820.00 resistance.
The expected trend for today: Bearish
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