Gold price breaches the resistance – Analysis - 13-08-2019
Economies.com
2019-08-13 05:08AM UTC
Gold price managed to confirm breaching 1510.00 level after ending yesterday’s trading above it, which supports the expectations of continuing the main bullish trend, noting that our next targets begin at 1526.85 and extend to 1560.00 after surpassing the previous level.
Therefore, we are waiting for more rise in the upcoming sessions conditioned by the price stability above 1497.00.
The expected trading range for today is between 1500.00 support and 1530.00 resistance.
The expected trend for today: Bullish
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