Midday update for Gold 30-11-2020
Economies.com
2020-11-30 11:34AM UTC
Gold price continues to fluctuate around 1765.00, and we still suggest breaking this level to confirm extending the bearish wave towards 1691.85, to keep the negative scenario valid and active for the rest of the day, supported by the negative pressure formed by the EMA50, reminding you that failing to achieve the required break will push the price to achieve intraday gains and visit 1794.84 areas initially.
The expected trading range for today is between 1750.00 support and 1785.00 resistance.
The expected trend for today: Bearish
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