Commodities

End of day analysis for Gold 16-08-2019

2019-08-16 18:57:45 GMT (Economies.com)

Gold price tested 1503.24 level and bounced bullishly from there, noticing that stochastic begins to provide positive overlapping signal now, waiting to motivate the price to resume the main bullish trend, which targets 1560.00 level as a next main station, while achieving it conditions holding above 1483.60.

More Analysis

Risk Disclaimer : Enzious Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Enzious Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.