End of day analysis for Gold 16-11-2017

Economies.com
2017-11-16 20:45PM UTC

Gold price tested 1281.17 level without managing to breach it until now, while stochastic provides clear positive signals to reinforce the chances of breaching this level and rally towards 1299.20 that represents our first main target.

 

In general, we will continue to suggest the bullish trend in the upcoming sessions unless breaking 1271.00 followed by 1263.15 levels and holding below them.

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