End of day analysis for Gold 24-05-2017
Economies.com
2017-05-24 19:22PM UTC
Gold price provides positive attempts by today's end to start testing the key resistance 1254.56, and as we mentioned in our main reports, breaching this level followed by breaching 1261.00 will stop the intraday bearish bias and push the price to regain its main bullish track again.
Therefore, it is important to monitor the price behavior in the upcoming trading, especially the daily candlestick according to the mentioned levels and tomorrow's opening, to confirm the next destination clearly.
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