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Expert In



Analysis of Gold for November 12,.2021 - Strong upside presssure and potetnial for test of $1.900

Technical analysis:


Gold has been trading bullish today and there is potential for the bigger rally towards $1,900.

Trading recommendation:

Due to strong bullish condition and continuation al pattern, I see potential for further rally.

Watch for buying opportunities on the pullbacks with the next upside targets at $1,900 and $1,909,

Stochastic is showing fresh bull cross, which is another sign and confirmation for the bullish swing.

Support level is set at the price of $1,841

The material has been provided by InstaForex Company -