End of day analysis for Gold 08-01-2021
Gold price declined strongly to break 1890.00 level and touch the expected negative target at 1838.10 direct, facing to provide more potential negative trades in the upcoming period, taking into consideration that breaking the last level will push the price to suffer additional losses that reach 1765.00, while consolidating above it will lead the price to start recovery attempts and target 1890.00 areas initially.
Reprinted from Economies，the copyright all reserved by the original author.
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