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July 14th, Economies.com analysts’ latest views today: Since yesterday, gold prices have fluctuated in a horizontal track, waiting to gain positive momentum to help push prices back to the expected bullish expectations, with the goal of testing 1977.25.
Influenced by the double bottom pattern in the chart and EMA50, we expect a rise above the above level, considering a break of 1945.20 followed by 1935.60 levels will stop the expected rise and push the price down again.
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Today’s expected trading range is between 1950.00 support and 1985.00 resistance.
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