End of day analysis for Gold 14-11-2017

Economies.com
2017-11-14 19:32PM UTC

Gold price bounced bullishly after touching 1270.00 level, to breach 1281.17 level and attempts to hold above it, which hints the price head to stop the correctional bearish pressure that dominated the recent trades and return to rise.

 

Therefore, we need to monitor tomorrow's opening according to 1281.17 level, as settling above it will confirm the continuation of the bullish trend towards 1299.20 initially.

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