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Midday update for Gold 06-04-2021

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Midday update for Gold 06-04-2021
 

Gold price shows sideways trading since morning, hovering around 1735.00 level now, waiting to get positive motive that assists to push the price to resume the expected bullish trend for today, which gets positive support by the EMA50, reminding you that our next main target is located at 1765.00, while holding above 1709.00 represents key condition to achieve it.

 

The expected trading range for today is between 1715.00 support and 1760.00 resistance.

 

The expected trend for today: Bullish

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