Midday update for Gold 24-11-2023

Economies.com
2023-11-24 11:00AM UTC

Gold price shows some slight bullish bias to attempt to move away from the bullish channel’s support line, to keep the bullish trend scenario active for today, supported by the EMA50, besides stochastic positivity, reminding you that our next main target is located at 2009.30, while holding above 1990.00 represent skey condition to the continuation of the expected rise.

 

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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