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Midday update for Gold 29-11-2023
Gold price shows some slight bearish bias now, affected by stochastic negativity, and the price needs to hold above 2030.00 as a first condition to the continuation of the bullish wave for today, as breaking it represents negative factor that will push the price to turn to decline for the rest of the day, while the price needs to breach 2047.00 to confirm rallying towards our next main target that extend to 2075.25.
The expected trading range for today is between 2030.00 support and 2065.00 resistance.
The expected trend for today: Bullish
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Midday update for the GBPUSD 29-11-2023
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