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Gold analysis for 24.11

The gold price managed to break the 1800.00 level and stabilize with the daily closing below it, which supports the continuation of the expected bearish trend scenario for the upcoming period. It is also supported by the negative pressure formed by the moving average 50, waiting to visit the 1770.00 level …

Currency pair analysis: GBP/USD

The GBP/USD pair succeeded in achieving our awaited target at 1.3355 and settling near it, and is likely to break this level with the support of the negative pressure formed by the EMA50. It will open the way to 1.3160 as the next negative target.

From here, the bearish trend …

24.11. Oil volatility and the rising U.S. dollar

News for today, November 24:

European stock markets are expected to open slightly higher on Wednesday, recovering from sharp losses in previous sessions as investors digest a surge in Covid-19 cases in the region ahead of key economic data. The U.S. dollar rose slightly in Asia, having calmed down after …

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