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Gold analysis for 29.11

Gold price ended last Friday’s trading below the 1797.00 level, which reactivated the bearish trend scenario, and the price is waiting to visit the 1770.00 level as the first negative target.

The EMA50 forms strong negative pressure that supports the continuation of the expected decline, noting that breaking the target …

Currency pair analysis: GBP/USD

The GBP/USD pair has tested the 1.3355 level and has maintained stability below it so far. Besides, clear negative signs have emerged on the stochastic indicator, while the EMA50 continues its negative pressure on the price.

Therefore, the bearish trend will remain in control during the upcoming sessions, as long …

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