Gold price achieves good gains – Analysis - 11-06-2021

2021-06-11 04:04:22 GMT (Economies.com)
 

Gold price continues to rise to test 1900.00$ barrier now, reinforcing the expectations of continuing the bullish trend, organized inside the bullish channel that appears on the chart, reminding you that our main waited target is located at 1928.60.

 

Moving above the EMA50 supports the expected rise, which will remain valid unless breaking 1876.00 level and holding below it.

 

The expected trading range for today is between 1885.00 support and 1920.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1935
0.0033
0.2735%
1.3920
0.0026
0.1889%
Tadawul
10919.68
6.62
0.06%
26.002
0.013
0.052%
73.561
1.735
2.416%
75.56
0.32
0.43%
1776.640
-1.750
0.098%
 
 
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