10.11.2021
Gold price managed to breach the 1825.15 level and close the daily candle above it. This supports the bullish trend scenario for the intraday and the short term, and the way is open towards 1860.00, our next target.
The EMA50 supports the price from below; breaking the level 1825.15 and stabilizing below it may pressure the price to visit the 1797.00 level before any new positive attempt.
The expected trading range for today: between the support 1810.00 and the resistance 1845.00
The forecast trend for today: bullish
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