Gold price declines calmly – Analysis - 02-12-2021
Economies.com
2021-12-02 05:26AM UTC
Gold price shows calm negative trades to approach gradually from 1770.00 level, to keep the bearish trend scenario active on the intraday basis, expecting to surpass this level to open the way to achieve negative targets that extend to 1734.00.
The EMA50 keeps pressing negatively on the price to support the expectations of achieving more decline, reminding you that it is important to hold below 1797.00 to achieve the suggested targets.
The expected trading range for today is between 1755.00 support and 1790.00 resistance.
The expected trend for today: Bearish
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