Midday update for gold 20-03-2020

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Thank you for reading the news about the midday update for Gold 20-03-2020 and now with the details

Dubai – Bassam Rashid – Forex News Today the gold price provided noticeable positive trades to test the first pivotal resistance 1509.00, which requires attention from the upcoming trades, as penetration of this level will lead the price to test 1543.35 levels and it may extend to 1571.20 as the next positive targets, while the price needs cohesion without 1509.00 to resume the downside, whose targets start at 1453.10 and extend to 1400.00.

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The expected trading range for today is between 1400.00 support and 1520.00 resistance

Expected trend for today: bearish

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