Midday update for Gold 24-03-2022

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Midday update for Gold 24-03-2022
 

Gold price fluctuates around the EMA50, settling above it, thus, no change to the bullish trend scenario that depends on the price stability above 1925.35, waiting to get positive momentum that assist to push the price to achieve our main waited target at 1960.00, reminding you that breaking 1925.35 will stop the expected rise and press on the price to turn to decline.

 

The expected trading range for today is between 1925.00 support and 1960.00 resistance.

 

The expected trend for today: Bullish

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