TradePlus-Fx

⭐️GOLD: forecast for Nov 22 - Nov 26

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
➡️ The trading week ended for GOLD at 1845$. At the moment, there is a possibility of a downward rollback. Thus, a downward movement is expected at the beginning of the week. There is support at the level of 1834.340$, that will play a big role in the coming week. If the price manages to consolidate below this level, it will be very unpleasant for buyers, since the price may then go below 1800.935$.

Still, it will be necessary to closely monitor the instrument, but the tendency to rollback downward and after the continuation of the upward movement is still greater. The price area of ​​1800.935$ - 1834.340$ will support the growth of GOLD and buyers will target the 1900$ level.

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