Gold price resumes its negative trading to end the bearish with bearish bias near the waited target at 1240.85, reminding you that breaking this level will push the price to suffer more losses that reach to 1204.81, as we still expect the continuation of the bearish trend in the upcoming period supported by the negative signal provided now by stochastic, taking into consideration that the continuation of the expected decline depends on holding below 1263.15.
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The EURUSD pair keeps its stability below 1.1808, to continue suggesting the bearish trend for the upcoming sessions, supported by stochastic and the EMA50 negativity, noting that the waited target is located at 1.1679, while achieving it requires holding below 1.1808 and 1.1855 levels.
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