Midday update for Gold 24-11-2017

Economies.com
2017-11-24 10:30AM UTC

Gold price moves within sideways track since morning, settling above 1281.17 level, thus, no change to our bullish trend expectations that depend on holding above the mentioned level, supported by the EMA50 that carries the price from below, reminding you that we are waiting to breach 1299.20 level to confirm extending Gold price gains to reach 1321.50 as a next main station.

 

Expected trading range for today is between 1280.00 support and 1305.00 resistance.

 

Expected trend for today: Bullish

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