Gold price tests the support – Analysis - 29-10-2019
Economies.com
2019-10-29 05:52AM UTC
Gold price settles at the critical support at 1489.00, an the price keeps its stability above until now, accompanied with the issuance of clear oversold levels by stochastic, waiting for motivating the price to resume the expected bullish trend in the upcoming period, targeting 15353.00 level initially.
You should be aware that breaking 1489.00 and holding below it will stop the positive scenario and puhses the price to return to the bearish correctional track.
The expected trading range for today is between 1480.00 support and 1510.00 resistance.
The expected trend for today: Bullish
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