[ad_1]
The price of gold ended yesterday’s trading above the 1901.80 level, and is starting today with a bullish bias in an attempt to move away from that level, giving indications that the price is heading for more intraday gains, on the way to mostly 1934.86.
Therefore, a bullish bias will be likely for today, supported by the SMA 50, knowing that breaking 1901.80 and stabilizing below it will put the price under negative pressure which initially aims to visit 1860.90 zones.
Today’s expected trading range is between 1890.00 support and 1935.00 resistance
The general trend expected for today: bullish
[ad_2]
Source link
