Midday update for Gold 19-11-2021

Economies.com
1 year ago

Gold price attempted to break 1856.00 but it bounced bullishly to settle above 1860.00 again, which keeps the bullish trend scenario valid and active for today, supported by stochastic and the EMA50 positivity, reminding you that we need to breach 1868.50 to confirm opening the way to head towards 1900.00 followed by 1915.00 levels.

 

The expected trading range for today is between 1850.00 support and 1885.00 resistance.

 

The expected trend for today: Bullish

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