Evening update analysis for Gold 26-10-2021

Economies.com
2021-10-26 15:37PM UTC

Gold price faces strong negative pressure to break 1790.00 and attempts to hold below it, which leads the price for potential return to the intraday trend to the downside, on its way to visit 1770.00 mainly, noting that closing the daily candlestick below 1790.00 will confirm the continuation of the decline, while breaching it followed by breaching 1797.00 will push the price to regain the bullish trend that its next target located at 1825.15.

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