Home » today » Business » Midday update for gold 08-04-2020

Midday update for gold 08-04-2020

The gold price maintains its consolidation above 1644.20 level, while the stochastic of the cross begins positively on the four-hour time frame, waiting for the price to stimulate the resumption of the bullish trend that targets 1703.25 as the next main station, so that the upside scenario remains valid and effective for today unless the level is broken 1644.20 and stability with daily closing below it.

The expected trading range for today is between 1635.00 support and 1680.00 resistance

Expected trend for today: bullish

– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.