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Midday update for Gold 06-01-2021

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Midday update for Gold 06-01-2021
 

Gold price resumes its positive trading clearly to approach our waited target at 1970.00, waiting for more rise to surpass this level and open the way to visit 2000.00$ barrier as a next station, taking into consideration that the continuation of the bullish wave requires holding above 1928.60.

 

The expected trading range for today is between 1930.00 support and 1965.00 resistance.

 

The expected trend for today: Bullish

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