Midday update for Gold 22-11-2017
Economies.com
2017-11-22 10:21AM UTC
Gold price begun a breach process to 1281.17 level and attempts to settle above it, which supports the continuation of our bullish trend expectations efficiently in the upcoming sessions, opening the way towards 1299.20 that represents our first main target, waiting for breaching this level to confirm the rally to 1321.50 on the near term basis.
The EMA50 supports the expected rise, and its continuation conditioned by holding above 1273.00 level.
Expected trading range for today is between 1272.00 support and 1295.00 resistance.
Expected trend for today: Bullish
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