Gold price is stable – Analysis - 14-11-2019

2019-11-14 05:32:46 GMT (Economies.com)
 

Gold price settles near 1465.00 since yesterday, noticing that stochastic begins to surpass its negative momentum, waiting for resuming the bullish bias that targets testing 1489.00 level in the upcoming sessions.

 

Therefore, we will keep our intraday bullish trend expectations unless breaking 1447.00 level and holding below it, where breaking it will push the price to head to the next correctional level that is located at 1413.10.

 

The expected trading range for today is between 1450.00 support and 1480.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1060
-0.0002
0.0176%
1.3153
0.0016
0.1184%
Tadawul
8120.01
21.27
0.26%
16.608
0.036
0.218%
59.105
-0.005
0.009%
64.31
-0.08
0.12%
1460.390
0.545
0.037%
 
 
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