End of day analysis for Gold 29-03-2017
Economies.com
2017-03-29 20:30PM UTC
Gold price settles below the intraday bullish channel's support, while stochastic loses its positive momentum gradually, to keep the negative scenario suggested for the upcoming period, which targets testing 1231.13 level before turning back to resume the main bullish trend again.
Note that breaching 1263.17 will stop the suggested negative scenario and lead the price to turn back to its main bullish track without the need to touch the above mentioned target.
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