Gold: Expected Trading Zones For This Week
Satendra Singh | Nov 18, 2019 07:17AM ET
On analysis of the Gold Futures in different time frames, I find that they look ready to take a bouncing move. As a result, gold futures are a best-buying bet going long from the levels of $1457 with Stop Loss at $1445 for the target of $1527 for the period from November 18-22. Despite a plethora of efforts to resolve the Sino-U.S. tariff trade war, uncertainty looms over the date of the partial deal signing. This may extend bearishness in global equity markets.
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