End of day analysis for Gold 19-07-2018

Economies.com
2018-07-19 18:06PM UTC

Gold price achieves some gains now to move above the bearish channel’s support line, affected by stochastic positivity, and it might test the key resistance 1243.00 before turning back to decline again.

 

In general, the bearish trend scenario will remain active conditioned by the stability below the mentioned resistance, reminding you that our main waited target is located at 1204.80.

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