Gold price around the breached resistance – Analysis - 21-11-2019
Economies.com
2019-11-21 06:05AM UTC
Gold price fluctuates around the breached resistance of the bearish channel, noticing that stochastic begins to overlap positively now, waiting to motivate the price to resume the intraday bullish trend, which its main target located at 1489.00.
Therefore, we will keep our positive overview unless breaking 1470.00 and holding below it, reminding you that the expected rise is temporarily, waiting to resume the correctional bearish wave after achieving the mentioned target.
The expected trading range for today is between 1460.00 support and 1490.00 resistance.
The expected trend for today: Bullish
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