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Home Gold News Midday update for Gold 27-07-2023

Midday update for Gold 27-07-2023

by anna

Gold price continues the attempts to breach 1977.25 level, to continue suggesting the bullish trend in the upcoming sessions, which targets 2000.00 followed by 2016.90 levels as next main stations.

Therefore, the bullish trend will remain active on the intraday basis, carried by the EMA50, reminding you that failing to breach 1977.25 will put the price under the negative pressure to head towards testing 1945.20 areas.

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The expected trading range for today is between 1965.00 support and 1995.00 resistance.

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