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Midday update for gold 29-06-2020

Gold price trading stabilizes above 1765.00 level, and gets continuous positive support from the EMA50, awaiting further increase during the upcoming sessions, to keep the bullish trend valid and likely for the rest of the day, relying on stability above 1750.00 and 1730.00 levels, noting that our expected targets start It is 1800.00 and it extends to 1840.00.

The expected trading range for today is between 1760.00 support and 1800.00 resistance

Expected trend for today: bullish

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