End of day analysi for Gold 05-08-2020

Economies.com
2020-08-05 17:07PM UTC

Gold price provided additional positive trading to approach our waited target at 2075.00, showing bearish bias now affected by stochastic negativity, and it might lean on the bullish channel’s support line before resuming the main bullish trend, noting that we will continue to suggest the overall bullish bias for the upcoming period unless breaking 1981.20 and holding below it.

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