End of day analysis for Gold 08-05-2017
Economies.com
2017-05-08 19:16PM UTC
Gold price ends today's trading below 1229.32, which supports the continuation of our bearish overview efficiently for the upcoming period, paving the way to head towards our next target at 1208.92.
Therefore, the bearish trend will remain suggested supported by stochastic and the EMA50 negativity, reminding you that it is important to hold below 1244.00 and 1250.00 levels to achieve the mentioned target.
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