End of day analysis for Gold 21-03-2019

Economies.com
2019-03-21 20:29PM UTC

Gold price bounced bearishly after reaching the intraday bullish channel’s resistance that appears on the chart, to test the key support 1302.60 and keeps its stability above it until now, which keeps the bullish trend scenario active for the upcoming period, supported by the EMA50 that protects the mentioned support, reminding you that our extended target reaches 1346.73.

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