Note

No news for Gold price – Analysis - 04-08-2021

Verified Media
· Views 122
No news for Gold price – Analysis - 04-08-2021
 

Gold price continues to fluctuate within tight track around the EMA50, which keeps our bearish overview valid without any change, which targets testing 1797.00 level initially, noting that breaching 1825.15 will stop the expected decline and lead the price to continue the rise within the bullish channel that appears on the chart.

 

The expected trading range for today is between 1790.00 support and 1825.00 resistance.

 

The expected trend for today: Bearish

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.