Commodities

End of day analysis for Gold 23-08-2019

2019-08-23 18:16:32 GMT (Economies.com)

Gold price rallied upwards strongly to breach 1503.24 level and reaches the thresholds of the first positive target at 1535.00, hinting the price head to achieve more expected gains in the upcoming period, noting that breaching the mentioned level will push the price to 1560.00 as a next main station, while holding above 1503.24 represents key condition to continue the expected rise.

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