Midday update for Gold 05-11-2019
Economies.com
2019-11-05 10:27AM UTC
Gold price fluctuates at the EMA50, and keeps its stability above the critical support at 1489.00, therefore, there is no change on our bullish trend expectations that depend on the stability above the mentioned support, supported by stochastic reach to the oversold levels, waiting for resuming the bullish bias that its initial main target at 1535.00.
The expected trading range for today is between 1490.00 support and 1525.00 resistance.
The expected trend for today: Bullish
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