Update: gold price under the negative pressure

Economies.com
2021-03-01 16:53PM UTC

Gold price faces clear negative pressure to break 1740.00 level and settles below it, which leads the price to return to the bearish track, noting that closing the daily candlestick below the mentioned level will push the price to achieve additional negative targets that extend to 1700.00, while stepping above it will revive the positive scenario that its next target located at 1765.00.

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