July 11, Economies analysts’ latest opinion today: Gold prices continue to fluctuate around 1929.00 and stabilize below it. It is worth noting that the stochastic indicator continues to lose upward momentum, waiting for the price to resume the expected downward trend. The target is Test the first target point at 1913.15, if the price breaks this level, it will push the price lower, and use 1873.50 as the next main target.
Staying below 1929.00 is very important to continue the expected decline, a break above this level will push the price to achieve a rise and directly test 1945.20 before attempting to fall.
Today’s expected trading range is between the 1905.00 support level and the 1940.00 resistance level.