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End of day analysis for Gold 04-05-2021

2021-05-04 18:15:52 GMT (Economies.com)
End of day analysis for Gold 04-05-2021
 

Gold price faced strong negative pressure to break 1785.00 level and settles below it, to hint heading for potential test to the most important support at 1765.00 before turning back to rise, making the bearish bias suggested in the upcoming sessions unless the price managed to breach 1785.00 and hold above it again.

 
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  Symbol Last Change Chg.%
EUR/USD
1.2090
-0.0083
0.6790%
The EURUSD tests the key support – Analysis - 13-05-2021
GBP/USD
1.4041
-0.0095
0.6710%
Tadawul
10322.68
86.96
0.85%
Silver
26.969
-0.836
3.005%
Oil
64.331
-1.061
1.623%
Crude oil price needs the positive momentum – Analysis - 13-05-2021
Brent Oil
67.87
-1.44
2.08%
Gold
1819.290
-24.935
1.352%
Gold price heads towards the support – Analysis - 13-05-2021
 
 
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