Gold price keeps its positive stability – Analysis - 30-11-2022

Economies.com
4 months ago

Gold price fluctuates within sideways track since yesterday, keeping its stability above 1746.40 level, to keep the bullish trend scenario active, supported by the EMA50, waiting to get positive motive that assists to push the price to achieve new gains that start at 1765.00 and extend to 1786.50.

 

Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1746.40.

 

The expected trading range for today is between 1740.00 support and 1775.00 resistance.

 

The expected trend for today: Bullish

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