End of day analysi for Gold 30-07-2020

Economies.com
2020-07-30 17:33PM UTC

Gold price faces negative pressure to test the key support 1937.20, and we need to monitor the price behavior according to this level, as the continuation of the decline and breaking this level will confirm extending the bearish wave towards 1910.10 followed by 1866.00 levels, while consolidating above it will lead the price to attempt to regain the main bullish trend that its first target located at 2000.00.

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