Midday update for Gold 01-04-2021
Gold price shows additional positive trading to approach the bearish channel’s resistance, which hrepresent our waited target at 1727.00, to keep the positive scenario active until now, reminding you that surpassing this level will push the price to continue the rise and head towards 1765.00 as a next positive target, while failing to breach it will press on the price to decline again and head towards 1692.00 initially.
The expected trading range for today is between 1700.00 support and 1730.00 resistance.
The expected trend for today: Bullish temporarily
Reprinted from Economies，the copyright all reserved by the original author.
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