XAU/USD Technical Analysis - Uniglobe Markets

XAU/USD Technical Analysis

Posted on julio 8, 2019 at 05:21 AM

The price of gold is falling to settle around 1398.00, and stability below this level is considered a loot. The bearishness of the gold price will continue for today to see a breach of 1385.00 to prove the continuation of the downside. From the top, trading back above 1405.00 will be an understatement.

Support: 1385.00

Resistance: 1405.00

Price Trend: The downside is trading below 1398.00 with a target of 1385.00 provided it does not breach 1405.00

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