Midday update for Gold 19-11-2019
Economies.com
2019-11-19 11:03AM UTC
Gold price resumes its negative trading to move away from the bearish channel’s resistance, reinforcing the expectations of continuing the bearish trend for the rest of the day, supported by the negative signal provided by stochastic, waiting to visit 1447.00 level as a first target, reminding you that it is important to hold below 1472.00 to continue the expected decline for today.
The expected trading range for today is between 1447.00 support and 1480.00 resistance.
The expected trend for today: Bearish
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