GOLD prices are showing a downward trend

Gold price did not show any strong movement since the morning, fluctuating around the $2585.00 level, and therefore, there is no change in the expected downtrend scenario for today, which depends on stability below the $2612.00 level, supported by the negativity of the technical indicators, reminding you that our next main target is at $2558.


Pivot Line : 2612
Resistance Line: 2630, 2647 , 2660
Support Line :2558, 2537 , 2525