XAU/USD Technical Analysis - Uniglobe Markets

XAU/USD Technical Analysis

Posted on mars 15, 2019 at 10:07

The price of gold continues to decline to settle now at 1295.00, and stability below this level is considered a loot. The bearishness of the gold price will continue for today to see a breach of 1285.00 to confirm the continuation of the negative. From the top, trading back above 1300.00 will be a negative sign.

Support: 1290.00

Resistance: 1310.00

Price Trend: Downwards below 1295.00 targeting 1285.00 provided 1300.00 is not breached

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