End of day analysis for Gold 19-10-2017

Economies.com
2017-10-19 18:54PM UTC

Gold price settled above 1281.17 level after pushing negatively on it in the previous sessions, which reactivates the main bullish trend scenario, and the price needs to breach 1299.20 level to confirm the continuation of the bullish bias towards 1321.49 as a next main station, noting that breaking 1281.17 will put the price under the negative pressure that targets testing 1263.15 level before any new attempt to rise.

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