Midday update for Gold 17-11-2023

Economies.com
2023-11-17 10:44AM UTC

Gold price shows clear positivity trades to move away from the first key support at 1975.00, reinforcing the expectations of continuing the expected bullish trend for today, which gets positive support by the EMA50, reminding you that our expected targets begin at 2000.00 followed by 2009.30, while achieving them requires holding above 1975.00 and the most important above 1962.35.

 

The expected trading range for today is between 1970.00 support and 2005.00 resistance.

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The expected trend for today: Bullish

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