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6/20/2017 6:31:23 AM

Gold - Technical Analysis: Tuesday, 20/06/2017 10:31 GMT



Gold price showed clear retreat yesterday and completes the decline by today's opening, to head towards our waited target at 1231.21, supporting the expectations of more decline in the coming period, to keep the bearish trend expected on the intraday basis.

Note that the stability of the mentioned level against the current decline and bouncing to the upside to surpass 1255.77 will lead the price to return to the main bullish trend again and stop the current correctional bearish bias.


Target
Risk


Support
Resistance


Trend Bearish

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