End of day analysi for Gold 27-05-2020
Economies.com
2020-05-27 17:57PM UTC
Gold price reached few pips away from our waited target at 1691.10 and bounced bullishly from there, which hints the pirce head to resume the main bullish trend, targeting testing 1731.00 initially, noting that surpassing this level will confirm the continuation of the bullish trend towards 1764.00 as a next station, while breaking 1691.10 represents negative factor that will extend the correctional bearish wave to 1646.00.
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