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Midday update for Gold 19-11-2021

Economies.com
2021-11-19 11:13AM UTC

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

Midday update for the GBPUSD 19-11-2021

Economies.com
2021-11-19 11:13AM UTC

The GBPUSD pair faced strong negative pressure to break 1.3470 level and stop the correctional bullish scenario to turn to decline again, on its way to achieve negative targets that surpass 1.3415 to reach 1.3355.

 

Therefore, the bearish bias will be expected for the rest of the day unless breaching 1.3470 and holding above it.

 

The expected trading range for today is between 1.3350 support and 1.3470 resistance.

 

The expected trend for today: Bearish

Midday update for the EURUSD 19-11-2021

Economies.com
2021-11-19 11:13AM UTC

The EURUSD pair succeeded to achieve our first waited negative target at 1.1285 and attempts to break it, reinforcing the expectations of continuing the bearish trend, which its targets extend to 1.1145, noting that the EMA50 and stochastic continue to provide the negative signals that support the expected decline, which will remain valid conditioned by the price stability below 1.1375.

 

The expected trading range for today is between 1.1230 support and 1.1375 resistance.

 

The expected trend for today: Bearish

The AUDJPY resumes the decline – Analysis –19-11-2021

Economies.com
2021-11-19 10:09AM UTC

The AUDJPY price kept its main bearish track by its stability below the resistance at 86.10, to notice that it got advantages from the negative pressures and recording several negative targets by reaching 82.55.

 

Note that the price reach below the extra support at 81.90 is important to resume the negative attack, to attempt to reach 50% Fibonacci correction level at 80.20.

 

The expected trading range for today is between 84.10 and 81.90

 

The expected trend for today: Bearish

 

 

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3358.100 (2025-07-11 23:05PM UTC)