Midday update for Gold 27-11-2023
Economies.com
2023-11-27 09:52AM UTC
Gold price leans on the support base formed above 2009.30 to start rising now, reinforcing the expectations of continuing the bullish trend for the day, which targets 2030.00 as a next main station.
Therefore, the positive scenario will remain valid and active, supported by the EMA50, reminding you that it is important to hold above 2009.30 and 1997.50 levels to continue the expected rise.
The expected trading range for today is between 1995.00 support and 2030.00 resistance.
The expected trend for today: Bullish
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