Gold price resumes the bullish wave – Analysis - 21-11-2023
2023-11-21 04:10AM UTC

Gold price bounced upwards clearly after leaning on the intraday bullish channel’s support line that appears on the chart, to resume the expected bullish track on the intraday basis, and we believe that the way is open to achieve our positive targets that start at 2000.00 and extend to 2009.30.


The EMA50 continues to support the suggested bullish wave, which will remain valid unless breaking 1971.00 followed by 1962.35 levels and holding below them.



The expected trading range for today is between 1980.00 support and 2005.00 resistance.


The expected trend for today: Bullish

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