Commodities

End of day analysis for Gold 10-08-2018

2018-08-10 19:00:20 GMT (Economies.com)

Gold price returns to test the minor bearish channel’s resistance, and as long as the price is below 1220.00, the bearish trend scenario will remain valid, supported by the negative pressure formed by the EMA50, reminding you that our main targets begin at 1204.50 and extend to 1180.55.

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