Analysis of Gold for November 26, 2018

analytics5bfbe2a24a9b6.png

Recently, Gold has been trading upwards sideways at the price of $1,225.70. Anyway, according to the H1 time – frame, I have found a rejection from the resistance (resistance trendline and upper Keltner band) at the price of $1,227.00. My advice is to watch for selling opportunities. The downward targets are set at the price of $1,220.00 and at the price of $1,217.60.

The material has been provided by InstaForex Company - www.instaforex.com