Commodities

End of day analysis for Gold 19-07-2019

2019-07-19 17:42:54 GMT (Economies.com)

Gold price faces strong negative pressue to break 1438.90 level and opens the way for potential visit to 1408.00 level, which represents the bullish trend line that appears on the chart, waiting to rebound bullishly from there to resume the main bullish trend, noting that trading above 1438.90 again will reactive the positive scenario that its next main target located at 1500.00.

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.