End of day analysis for Gold 08-01-2019

Economies.com
2019-01-08 19:00PM UTC

Gold price trades positively after the EMA50 formed good support base against the price’s recent negative attempts, which urges caution from the upcoming trades, as continuing the rise to breach 1295.00 will stop today’s suggested negative scenario and lead the price to continue the short term bullish trend, targeting 1316.65 areas on the near term basis.

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