End of day analysis for Gold 16-05-2019

2019-05-16 17:30:32 GMT (Economies.com)
End of day analysis for Gold 16-05-2019
 

Gold price trades with clear negativity to press on the key support 1286.00, and as we mentioned in our major reports, this level represents one of the trend keys besides 1302.60 resistance, noting that the continuation of the negative pressure and confirming the break will push the price to keep declining and achieve negative targets that start at 1275.30 and extend to 1253.20.

 
 
 
  Symbol Last Change Chg.%
1.1238
-0.0035
0.3096%
1.2485
-0.0090
0.7129%
16.105
0.887
5.829%
56.584
-3.748
6.212%
63.60
-0.06
0.09%
1421.705
6.210
0.439%
 
 
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