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Gold price keeps fluctuating – Analysis - 02-09-2021

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Gold price keeps fluctuating – Analysis - 02-09-2021
 

Gold price didn’t show any strong move yesterday, to continue fluctuating around 1815.00 level, thus, the bullish trend scenario will remain valid as it is without any change, which depends on the price stability above 1797.00, organized inside the bullish channel that appears on the chart, noting that the waited targets begin at 1825.15 and extend to 1860.00 after breaching the previous level.

 

The expected trading range for today is between 1797.00 support and 1835.00 resistance.

 

The expected trend for today: Bullish

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