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Midday update for Gold 23-11-2021

Economies.com
2021-11-23 10:48AM UTC

Gold price shows new negative trades to attack 1800.00 level and moves below it now, reinforcing the expectations of continuing the bearish trend for the rest of the day, waiting for more decline to head towards 1770.00 that represents our next main target, reminding you that the continuation of the bearish wave depends on the price stability below 1825.15.

 

The expected trading range for today is between 1785.00 support and 1820.00 resistance.

 

The expected trend for today: Bearish

Midday update for the GBPUSD 23-11-2021

Economies.com
2021-11-23 10:48AM UTC

The GBPUSD pair continues to decline to keep approaching 1.3355 level, waiting for more bearish bias to surpass this level and open the way to extend the bearish wave to reach 1.3160 as a next main station.

 

Therefore, we will continue to suggest the bearish trend for the rest of the day unless the price rallied to breach 1.3470 level and hold above it.

 

The expected trading range for today is between 1.3300 support and 1.3450 resistance.

 

The expected trend for today: Bearish

Midday update for the EURUSD 23-11-2021

Economies.com
2021-11-23 10:47AM UTC

The EURUSD pair shows some bullish bias to test 1.1275 level and keeps its stability below it until now, which keeps the bearish trend scenario valid and active for today, supported by the negative pressure formed by the EMA50, depending on the price stability below the mentioned level, reminding you that our main waited target reaches 1.1145.

 

The expected trading range for today is between 1.1150 support and 1.1300 resistance.

 

The expected trend for today: Bearish

The CADCHF prepares for new decline – Analysis – 23-11-2021

Economies.com
2021-11-23 07:12AM UTC

The CADCHF provided many negative closings by leaning below 0.7362 resistance to confirm surrendering to the domination of the bearish bias, noting that stochastic provides the negative momentum to ease the mission of forming negative trades, to expect moving towards 0.7287 followed by reaching 0.7215 in the medium term period.

 

The expected trading range for today is between 0.7350 and 0.7287

 

The expected trend for today: Bearish

Frequently asked questions

What is the price of Gold today?

The price of Gold is $3328.650 (2025-07-15 19:05PM UTC)