Midday update for Gold 29-11-2022

Economies.com
2 months ago

Gold price shows more bullish bias to move away from 1746.40 level, reinforcing the expectations of continuing the bullish trend for the rest of the day, which targets 1765.00 as a first station, noting that breaching it will open the way to head towards 1786.50 as a next positive target, while holding above 1746.40 represents key condition to continue the expected rise.

 

The expected trading range for today is between 1735.00 support and 1770.00 resistance.

 

The expected trend for today: Bullish

Commodities News

Commodities Technical Analysis