Gold price suffers intraday losses – Analysis - 29-03-2019
Economies.com
2019-03-29 05:30AM UTC
Gold price confirmed breaking 1302.60 after settling with a daily close below it, which puts the price under the correctional bearish pressure again, expecting to continue the bearish bias to visit 1275.30 level that represents our next main target.
Therefore, the bearish trend will be suggested in the upcoming sessions unless breaching 1302.60 level and holding above it, noting that breaking 1275.30 will extend the bearish wave to reach 1253.20 as a next main station.
The expected trading range for today is between 1275.00 support and 1302.60 resistance.
The expected trend for today: Bearish
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