04.02.2022
Gold price trades around 1805.00, waiting to obtain a positive stimulus that contributes to pushing the price to resume positive trades, which mainly targets the 1825.15 level, noting that breaching 1808.00 will facilitate the price’s mission to achieve the mentioned target.
On the other hand, it should be noted that breaking 1797.00 and stabilizing below it will stop the suggested positive scenario and pressure the price to turn to the downside.
The expected trading range for today is between the support 1790.00 and the resistance 1825.00.
The forecast trend for today: bullish.
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