End of day analysi for Gold 22-05-2020

Economies.com
2020-05-22 17:45PM UTC

Gold price still stuck between the trend confirmation levels represented by 1725.90 support and 1743.00 resistance, thus, we will continue with our neutrality until confirming breaching one of these levels, reminding you that breaking the support will put the price under negative pressure that targets 1691.10 level mainly, while breaching the resistance will reactivate the main bullish trend scenario that its next main target located at 1810.00.

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