End of day analysis for Gold 19-03-2018

Economies.com
2018-03-19 19:20PM UTC

Gold price continued its positive trading to breach 1316.48 level and attempts to hold above it, which urges caution from the upcoming trading, as holding above this level and breaching 1325.00 will confirm the return to the main bullish track again, which its next target located at 1335.40, while breaking 1316.48 will put the price under the negative pressure that targets 1301.20 mainly.

 

Therefore, we will monitor the daily candlestick close and tomorrow’s opening to confirm the next destination clearly.

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