Analysis for Gold 04.24.2020 - Main upward target at the price of $1.737 has been reached. Next upward target is set at $1.746

News:

As lunch approaches, Europe's stock markets are still slightly lower today.

FTSE 100: down 33 points or 0.5% at 5793 German DAX: down 44 points or 0.4% at 10,469 French CAC: down 15 points or 0.35% at 4,435

As things stand, through, the FTSE 100 is on track to end the week broadly unchanged. It fell sharply on Tuesday after oil prices buckled, but recovered on Wednesday.

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Technical analysis:

Technical analysis: Gold been trading upwards as I expected yesterday. The Gold reached our short-term upward target at the price of $1,737 and is heading to test our second target at the prrice of $1,746