Midday update for Gold 26-08-2019
Economies.com
2019-08-26 09:28AM UTC
Gold price trades with clear negativity to attack 1535.00 level, which requires being aware from the upcoming trading, where the continuation of the negative pressure and holding below this level will push the price toa chieve more of the downside moves and testing 1503.24 levels before any new positive attempt, while the price needs to step above 1535.00, to regain the bullish trend that its next targets are located at 1560.00 and 1600.00.
The expected trading range for today is between 1530.00 support and 1560.00 resistance.
The expected trend for today: Bullish
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