Gold price forecast update 23-11-2024
2024-11-22 09:00AM UTC
Gold price keeps rising to test 2700.00$ barrier, waiting for more bullish bias to test 2710.00$ that represents our next positive target, reminding you that surpassing this level will push the price to achieve additional gains that reach 2790.00$.
The EMA50 supports the suggested bullish wave, which will remain valid conditioned by the price stability above 2665.00$.
The expected trading range for today is between 2675.00$ support and 2715.00$ resistance.
Trend forecast: Bullish
