End of day analysis for Gold 16-07-2021

2021-07-16 18:15:25 GMT (Economies.com)
 

Gold price faced strong negative pressure to break 1825.15 and touches the intraday bullish channel’s support line, which urges caution from the upcoming trading, as surpassing the current support will push the price to achieve additional decline that reaches 1797.00, while the price needs to trade above 1825.15 again to resume the recently suggested bullish trend.

 
 
 
  Symbol Last Change Chg.%
1.1625
0.0014
0.1167%
1.3766
0.0027
0.1976%
Tadawul
11888.24
42.31
0.36%
24.379
1.065
4.570%
84.448
1.102
1.322%
86.08
0.54
0.63%
1799.945
30.205
1.707%
 
 
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