Midday update for Gold 22-12-2020
Gold price settles below 1875.00 level, which makes us continue with our neutrality suggested in our last technical update, waiting for clearer signal for the next trend, noting that trading above the mentioned level again will reactivate the bullish trend scenario that its next targets located at 1916.00 followed by 1928.60, while breaking 1852.80 will press on the price to suffer additional losses that reach 1800.00 areas initially.
The expected trading range for today is between 1850.00 support and 1910.00 resistance.
The expected trend for today: Neutral
Reprinted from Economies，the copyright all reserved by the original author.
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