TVC:GOLD   CFDs on Gold (US$ / OZ)
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AND about the GOLD analyze:

Gold price tested the 2006.00 resistance, and returns to fluctuate around the moving average 50, noticing that the stochastic indicator shows clear negative signs now, waiting to motivate the price to resume the bearish corrective trend, whose objectives begin with breaking the 1992.20 level to pave the way for a rush towards 1957.30 areas.



From here, we continue to suggest the bearish trend for the coming period, noting that breaching the levels of 2006.00 - 2010.00 will stop the negative scenario and lead the price to resume the main bullish trend again.

The expected trading range for today is between the support 1985.00 and the resistance 2015.00



The expected general tendency for today: is bearish

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