Gold price rises calmly – Analysis - 22-11-2018
Economies.com
2018-11-22 05:06AM UTC
Gold price trades with slight positivity to gradually move away from the EMA50, which supports the continuation of our bullish overview on the intraday basis, reminding you that our main waited target is located at 1238.30, which breaching it represents the key to rally towards 1262.51 on the short term basis.
Holding above 1208.40 is important to continue the expected rise, as breaking it will push the price to return to the main bearish trend again.
Expected trading range for today is between 1215.00 support and 1240.00 resistance.
Expected trend for today: Bullish
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