Gold Daily Review for November 30, 2018
|Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.|
|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 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|
|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|
|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!