End of day analysis for Gold 15-04-2019

Economies.com
2019-04-15 18:14PM UTC

Gold price provides slight positive trades after approaching the triple top pattern’s neckline mentioned today, as the price is affected by stochastic positivity, while the EMA50 continues to form negative pressure against the price.

 

Therefore, the bearish trend will remain suggested in the upcoming sessions conditioned by the price stability below 1302.60 and 1308.80 levels, reminding you that our waited target is located at 1275.30.

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