Commodities

End of day analysis for Gold 13-12-2019

2019-12-13 19:32:47 GMT (Economies.com)

Gold price returns to achieve some gains and heads towards potential test to 1489.00, but we notice that stochastic loses its positive momentum clearly, to support the chances of bouncing bearishly and resume the expected bearish trend for the upcoming period, which depends on the price stability below the mentioned level, while our first target is located at 1447.00.

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