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Midday update for Gold 17-03-2022

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Midday update for Gold 17-03-2022
 

Gold price resumes its positive trading to move away from 1925.35 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, which targets 1960.00 as a next station, which breaching it represents the key to rally towards additional positive targets that reach 2002.00, while the expected rise will remain valid unless breaking 1925.35 and holding below it.

 

The expected trading range for today is between 1920.00 support and 1970.00 resistance.

 

The expected trend for today: Bullish

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