07.02.2022
Gold price conducted a new test for the 1797.00 level and rebounded upwards from there, to head towards resuming the expected bullish trend for the upcoming period, which targets the 1825.15 level as a first station, reminding you that breaching this level will push the price to 1860.00 as the next main target.
It should be noted that breaking 1797.00 will stop the expected rise and pressure the price to turn towards the decline and achieve negative targets that start by visiting the 1770.00 areas.
The expected trading range for today is between the support 1797.00 and the resistance 1830.00.
The forecast trend for today: bullish.
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