Gold price achieves good gains – Analysis - 01-11-2019
Economies.com
2019-11-01 05:49AM UTC
Gold price provided new positive trades to settle around 1510.00 level, getting positive support by the EMA50, to support the chances of continuing the bullish trend in the upcoming sessions, which targets 1535.00 level as a next main station.
Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by the price stability above 1489.00, noting that stochastic current negativity might press on the price to provide temporary negative trades before resuming the expected rise.
The expected trading range for today is between 1500.00 support and 1530.00 resistance.
The expected trend for today: Bullish
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