July 10th, Economies analysts’ latest views today: gold prices hover around 1929.00, stochastic indicators are now providing a clear negative signal, so there is a chance to resume the expected decline in the short term, and wait for a break below 1913.15 to start a downward trend 1873.50 A downtrend going forward.
Price stabilization below 1929.00 is the key factor to sustain the decline and a break above this level will push prices higher to test the key resistance at 1945.20 before a fresh downside attempt.
Today’s trading range is expected to be between 1900.00-1935.00.