Update: Gold price tests the support

2021-06-11 16:22:15 GMT (Economies.com)
 

Gold price faced clear negative pressure to test the bullish channel’s support line, which urges caution from the upcoming trading, as breaking this support will force the price to start correctional wave before turning back to rise again, while the price needs to consolidate above 1876.00 to continue the main bullish trend that its next target located at 1928.60.

 
 
 
  Symbol Last Change Chg.%
1.1943
0.0041
0.3420%
1.3929
0.0035
0.2551%
Tadawul
10919.68
6.62
0.06%
26.043
0.054
0.208%
73.501
1.675
2.332%
75.56
0.32
0.43%
1777.600
-0.790
0.044%
 
 
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