Midday update for Gold 29-12-2020
Gold price shows some bullish bias in attempt to move away from the bullish channel’s support line, which supports the continuation of the expected bullish trend scenario for today, motivated by stochastic positivity, waiting to visit 1905.00 as a next main station, reminding you that the continuation of the bullish wave depends on the price stability above 1870.00.
The expected trading range for today is between 1865.00 support and 1905.00 resistance.
The expected trend for today: Bullish
Reprinted from Economies,the copyright all reserved by the original author.
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