Market Analysis of GOLD on Friday 11 November 2022

2022-11-11 09:46Source:BtcDana

Gold Intraday: expect 1780.00.

 

Pivot:

1736.00

 

Our preference:

Long positions above 1736.00 with targets at 1766.00 & 1780.00 in extension.

 

Alternative scenario:

Below 1736.00 look for further downside with 1722.00 & 1710.00 as targets.

 

Comment:

The RSI is bullish and calls for further advance.

https://asset.onetrader.online/upload/file/1668096000000/1668131385066.png

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