Midday update for Gold 21-11-2017

Economies.com
2017-11-21 10:56AM UTC

Gold price begins the attempts to surpass 1281.17 level now, motivated by stochastic positivity that appears on the four hours' time frame, noting that breaching the mentioned level will push the price towards 1299.20 direct.

 

In general, the bullish trend will remain active for today conditioned by holding above 1272.00, noting that breaching the targeted level will push the price towards 1321.50 as a next main station.

 

Expected trading range for today is between 1272.00 support and 1295.00 resistance.

 

Expected trend for today: Bullish

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