Midday update for Gold 25-11-2019
Economies.com
2019-11-25 10:38AM UTC
Gold price fluctuates within tight track since morning, keeping its stability below the bearish channel’s resistance, thus, no change to our bearish overview that depends on the price stability below 1489.00, supported by the negative pressure formed by the EMA50, reminding you that our next target is located at 1447.00.
The expected trading range for today is between 1440.00 support and 1470.00 resistance.
The expected trend for today: Bearish
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