Gold price achieves strong gains – Analysis - 08-11-2021
Economies.com
2021-11-08 05:31AM UTC
Gold price continues the bullish rally to approach the expected positive target at 1825.15, and we expect to surpass this level to open the way to achieve additional gains that reach 1860.00.
The EMA50 supports the price from below, making the bullish trend suggested for the upcoming period conditioned by the price stability above 1797.00, as breaking this level will press on the price to decline again.
The expected trading range for today is between 1810.00 support and 1835.00 resistance.
The expected trend for today: Bullish
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