Evening update for Gold 03-11-2022

Economies.com
2022-11-03 17:28PM UTC

Gold price approached few pips away from our waited target at 1615.00, showing some bullish bias affected by stochastic positivity, and as long as the price is below 1660.00, our bearish overview will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, noting that the next target reaches 1600.00.

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