Gold price keeps achieving the positive targets – Analysis - 09-03-2022

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Gold price keeps achieving the positive targets – Analysis - 09-03-2022
 

Gold price provided additional positive trades and approach our next target at 2075.00, and the chances seem valid to continue the rise and surpass this level to open the way to achieve more gains on the intraday and short term basis, noting that the next station reaches 2100.00$ barrier.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period supported by the EMA50, taking into consideration that holding above 2000.00 is important to continue the expected rise.

 

The expected trading range for today is between 2030.00 support and 2080.00 resistance.

 

The expected trend for today: Bullish

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