Update: Gold price is under the negative pressure
Economies.com
2021-04-19 17:57PM UTC
Gold price faced strong negative pressure to approach testing the key support base 1765.00, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend valid for the upcoming period, which gets continuous support by the EMA50, noting that breaking the mentioned level will press on the price to suffer additional losses that reach 1749.00 before any new attempt to rise.
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