Midday update for Gold 21-11-2023

2023-11-21 09:22AM UTC

Gold price settles around 1990.00 level since morning, waiting to gather new positive momentum that supports the chances of continuing the expected bullish trend for today, which targets 2000.00 followed by 2009.30 as next main stations.


The bullish channel organizes the suggested bullish wave, which will remain valid conditioned by the price stability above 1971.00 and the most important above 1962.35.


The expected trading range for today is between 1980.00 support and 2005.00 resistance.


The expected trend for today: Bullish

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