Update: Gold price attempts to recover

2021-02-24 18:38:05 GMT (Economies.com)
 

Gold price bounced upwards strongly after the decline that it witnessed in the previous sessions, to test the key resistance 1800.00, and the price needs to hold below this level to keep the bearish trend scenario active for the upcoming period, which targets 1765.00 followed by 1740.00 levels, noting that breaching 1800.00 will lead the price to recover and head towards 1820.00 initially.

 
 
 
  Symbol Last Change Chg.%
1.2058
0.0032
0.2657%
1.3872
-0.0081
0.5787%
Tadawul
10127.90
18.31
0.18%
26.077
0.285
1.107%
61.890
-1.288
2.039%
65.57
0.17
0.26%
1784.295
12.845
0.725%
 
 
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