Update: Gold price touches the target

2021-04-01 16:25:53 GMT (Economies.com)
 

Gold price succeeded to achieve our waited target at 1727.00 and attempts to breach the bearish channel’s resistance, which hints the price head to achieve more potential gains in the upcoming sessions, but we need to get a daily close above the mentioned level to confirm the continuation of the rise and open the way to head towards 1765.00.

 

On the other hand, we should note that failing to achieve the breach will put the price under negative pressure that its targets begin at 1692.00.

 
 
 
  Symbol Last Change Chg.%
1.1982
0.0071
0.5994%
1.3839
0.0091
0.6648%
Tadawul
9987.92
124.63
1.26%
25.945
0.850
3.387%
63.092
2.702
4.474%
66.70
-0.23
0.34%
1775.845
38.910
2.240%
 
 
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