
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
2019-11-11 • Updated
Gold has been erasing gains since Monday’s session and it’s trying to push higher at the current stage, given that a demand zone has been established between the 1281.06 and 1276.33 levels. Around that area we can expect that the yellow metal resume the bullish trend in order to reach the -23.6% Fibo level at 1304.25. To the downside, the invalidation point lies at 1272.04.
RSI indicator is reaching the neutral territory.
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
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