Midday update for Gold 15-11-2019

2019-11-15 10:56:33 GMT (Economies.com)
 

Gold price shows slight negative trades to move away gradually from the correctional bearish channel’s resisatnce, which keeps our bearish overview valid for today, supported by stochastic and the EMA50 negativity, waiting to test 1447.00 level initially, reminding you that surpassing this level will extend the correctional bearish wave to reach 1413.10, while the expected decline will remain valid for today unless breaching 1474.00 level and holding above it.

 

The expected trading range for today is between 1447.00 support and 1480.00 resistance.

 

The expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.1062
0.0000
0.0036%
1.3150
0.0013
0.0978%
Tadawul
8120.01
21.27
0.26%
16.603
0.031
0.189%
59.215
0.105
0.178%
64.30
-0.09
0.14%
1461.025
1.180
0.081%
 
 
Live Forex Updates