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Gold Spot 06.12.19 forecast analysis recommendations

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Technical Overview of forecast guidance on trade Gold Spot 06.12.19


Gold is set down in the wake of the change of the rhetoric of the American president from negative to positive. Taking this into account, as well as the probability of strong data on the number of new jobs that will be presented today, it can be assumed usilennnoe decline in gold prices


The gold price is below the middle line of the Bollinger indicator boundaries below 5 SMA and SMA 14. RSI Relative Strength Index, decreasing testing rate of 50%. Stoch steadily falling.

 

 

 

Recommendations for trade Gold Spot 06.12.19: 

We consider the possibility of selling gold from 1471.00 to mark the local purpose 1444.50.

 

 

Analytics Grand Capital

 

Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.

 

 

 

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