End of day analysis for Gold 15-10-2018

Economies.com
2018-10-15 17:56PM UTC

Gold price shows some bearish bias after testing 1230.00 barrier today, waiting to get enough positive momentum to push the price to continue the rise that targets visiting 1238.31 level as a next main station, as the bullish trend scenaril still valid as long as the price is above 1208.40, noting that the EMA50 keeps supporting the suggested bullish wave.

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