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Gold analysis for 22.11

Gold price faced strong negative pressure in the past sessions: it completed forming a minor double top pattern and was approaching the 1834.00 level. The price shows recovery attempts now, but it is still below the broken neckline of the mentioned negative pattern, which makes us prefer to stay aside …

Currency pair analysis: GBP/USD

The pair tested the 1.3470 level and bounced down from there, which keeps the bearish trend scenario active for the upcoming period. It will be organized within the descending channel that appears on the chart, and the price will visit 1.3355 as the next main target.

The moving average 50 …

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