Gold price achieves intraday gains – Analysis - 19-11-2018
Economies.com
2018-11-19 05:04AM UTC
Gold price settles around 1220.00 level, waiting for more rise that targets testing 1238.30 level mainly, depending on the price move inside the bearish channel that appears on the chart, and the positive support provided by the EMA50.
On the other hand, we should note that breaking 1208.40 will stop the expected rise and push the price to resume the main bearish trend again.
Expected trading range for today is between 1210.00 support and 1240.00 resistance.
Expected trend for today: Bullish
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