Gold price tests the intraday bearish channel’s resistance, accompanied with stochastic reach to the thresholds of the overbought levels, as long as the price is belwo 1316.65, so our bearish trend expectations will remain active for today, waiting for resuming the decline that tragets 1299.00 then 1286.70 levels mainly.

The expected trading range for today is between 1286.00 support and 1320.00 resistance.

The expected trend for today: Bearish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1836	0.0070	0.5971%
End of day analysis for the EURUSD 14-08-2020
	GBP/USD	1.3090	0.0019	0.1431%

	Tadawul	7704.25	49.87	0.65%

	Silver	26.218	-2.330	8.163%

	Oil	41.770	-0.215	0.512%
Midday update for Crude oil 14-08-2020
	Brent Oil	44.64	-0.32	0.71%

	Gold	1941.920	-93.475	4.593%
End of day analysi for Gold 14-08-2020

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