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Gold Daily Review November 30, 2018

Gold Daily Review for November 30, 2018

Gold Sentiment Suggest that Prices Might Rise

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.

 

Gold Price Outlook: XAU/USD Consolidation- Breakout Imminent

Gold is in consolidation just below multi-month slope resistance. Here are the targets & invalidation levels that matter on the XAU/USD charts heading into December.

 

Gold mover further away from highs after FOMC minutes

Gold reached earlier today a 1-week high at $1229, but it was rejected and turned to the downside. After the release of the FOMC minutes dropped to $1

 

Gold pushes higher toward $1230 as Wall Street stays in red

After staying quiet near $1225 during the European trading hours, the XAU/USD pair gained traction in the last hour and rose to a fresh daily high of

 

Gold Technical Analysis: $1,230 is the level to beat for the bulls

Daily chart As can be seen above, the yellow metal closed at $1,223 yesterday, confirming an upside break of the falling trendline resistance. Th

 

Have a nice trading!




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