Gold Weekly Technical Report 30/11/2015

ecPulse
2015-11-30 12:01PM UTC

Gold moves bearishly along with continuous negative signs on moving averages and ADX; although RSI moves inside oversold territories without showing positivity.

Hence, we may witness additional downside actions and a break below 1050.00 will affirm; noting that, today we will witness November closing and that may trigger fluctuation.

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