Midday update for Gold 24-11-2020
Economies.com
2020-11-24 10:19AM UTC
Gold price fluctuates around 1825.00 level since morning, and the negative pressure still valid and suggested for the upcoming sessions, waiting for more decline to visit 1794.84 as a next negative station, noting that the EMA50 continues to support the suggested bearish wave, which will remain valid and active conditioned by the price stability below 1860.90.
The expected trading range for today is between 1795.00 support and 1840.00 resistance.
The expected trend for today: Bearish
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