End of day analysis for Gold 05-03-2021
Economies.com
2021-03-05 18:22PM UTC
Gold price found solid support at 1692.00 to show some bullish bias and head towards potential test to the first key resistance 1712.00, and the price needs to hold below this level to keep the negative scenario valid for the upcoming period, which its next target located at 1655.00, noting that breaching the mentioned resistance will lead the price to achieve additional gains that reach 1725.00 followed by 1740.00.
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