Gold price attempts positively – Analysis - 06-11-2023
Economies.com
2023-11-06 03:55AM UTC
Gold price begins today with bearish bias to head towards resuming the expected bearish trend on the intraday basis, which targets testing 1962.35 mainly.
Stochastic provides negative signals that support the continuation of the bearish trend, and breaking 1983.55 will ease the mission of achieving the suggested target, while breaching 2000.00 will stop the negative scenario and push the price to attempt to regain the main bullish trend again.
The expected trading range for today is between 1965.00 support and 2000.00 resistance.
The expected trend for today: Bearish
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