Midday update for Gold 19-11-2020
Economies.com
2020-11-19 10:31AM UTC
Gold price trades with clear negativity to start attacking 1860.90 level, which urges caution from the upcoming trading, as breaking this level will stop the recently suggested positive scenario and push the price to decline and open the way to suffer new losses that reach 1794.84.
The consolidation above 1860.90 is required to continue the expected bullish trend for the upcoming period, reminding you that the expected positive targets begin at 1901.80.
The expected trading range for today is between 1855.00 support and 1900.00 resistance.
The expected trend for today: Overall Bullish
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