End of day analysis for Gold 21-07-2017

Economies.com
2017-07-21 19:00PM UTC

Gold price succeeded to touch our waited target at 1254.56 and attempts to confirm breaching it, which supports the chances of extending the bullish wave on the intraday and short term basis, noting that closing this week above the mentioned level will confirm opening the way to head towards 1295.37 as a next main target.

 

Therefore, we will keep our bullish overview unless breaking 1229.32 and holding below it.

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