Gold price keeps its positive stability – Analysis - 20-11-2020
Economies.com
2020-11-20 04:47AM UTC
Gold price attempted to break 1860.90 level yesterday but it kept its stability above it, which keeps the bullish trend scenario valid and active for the upcoming period, waiting to head towards 1901.80 as a first positive target.
Breaching 1875.00 will ease the mission of achieve the expected rise, noting that breaking 1860.90 will put the price under additional negative pressure and head towards 1794.84 areas initially.
The expected trading range for today is between 1850.00 support and 1890.00 resistance.
The expected trend for today: Overall Bullish
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