Midday update for Gold 30-06-2021
Economies.com
2021-06-30 09:18AM UTC
Gold price shows new negative trades to move away from 1770.00 level, to keep the bearish trend scenario valid and active for today, supported by the negative pressure formed by the EMA50, waiting to visit 1734.10 as a next target, reminding you that it is important to hold below 1800.00 to continue the expected bearish trend.
The expected trading range for today is between 1740.00 support and 1775.00 resistance.
The expected trend for today: Bearish
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