Midday update for Gold 21-08-2019

2019-08-21 09:38:21 GMT (Economies.com)
 

Gold price faces a negative pressure to move below 1503.24, which requires being aware from the upcoming trading, where the price might be forced to visit 1483.60 level before it return to rise again.

 

The price needs to step above 1503.24 to resume the main bullish trend, pointing that our initial main target that is located at 1535.00.

 

The expected trading range for today is between 1490.00 support and 1520.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.0997
-0.0038
0.3425%
1.2998
-0.0084
0.6444%
Tadawul
8185.51
19.43
0.24%
17.515
-0.589
3.253%
53.955
-0.318
0.585%
60.33
0.82
1.38%
1571.885
1.255
0.080%
 
 
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