Midday update for Gold 24-11-2021

Economies.com
1 year ago

Gold price resumes its negative trading now in attempt to move away from 1800.00 level, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, supported by stochastic loss to the positive momentum, depending on the price stability below the mentioned level, reminding you that our main waited target is located at 1770.00.

 

The expected trading range for today is between 1770.00 support and 1805.00 resistance.

 

The expected trend for today: Bearish

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