Gold price succeeds to breach – Analysis - 10-11-2021
Economies.com
2021-11-10 05:27AM UTC
Gold price managed to breach 1825.15 level and close the daily candlestick above it, to support the continuation of the bullish trend scenario efficiently on the intraday and short term basis, and the way is open to head towards 1860.00 that represents our next target.
The EMA50 supports the price from below, noting that breaking 1825.15 and holding below it might press on the price to visit 1797.00 before any new positive attempt.
The expected trading range for today is between 1810.00 support and 1845.00 resistance.
The expected trend for today: Bullish
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