Gold price within sideways track – Analysis - 26-11-2020
Economies.com
2020-11-26 04:51AM UTC
Gold price shows sideways trades in the previous sessions, keeping its stability below 1819.00, which keeps our bearish overview valid and active, waiting to break 1794.84 to confirm extending the bearish wave towards 1765.00 that represents our next main target.
In general, we will continue to suggest the bearish trend for the upcoming period supported by the negative pressure formed by the EMA50, reminding you that it is important to hold below 1819.00 and 1830.00 levels to achieve the suggested targets.
The expected trading range for today is between 1780.00 support and 1825.00 resistance.
The expected trend for today: Bearish
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