End of day analysis for Gold 06-12-2018

Economies.com
2018-12-06 20:45PM UTC

Gold price shows new attempt to breach 1238.30 but it keeps its stability below it until now, which keeps our bearish overview valid until now, waiting to break 1230.00 level to confirm rallying towards our main negative target at 1208.40, noting that confirming breaching 1238.30 will push the price to achieve gains that reach 1262.51 on the near term basis.

 

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