Gold : Technical View : 19.11.2019
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On the daily chart, the price glittered 0.55% in the previous trading session.
Moreover, the price has shifted above the 21*50 day’s, which adds bullish strength in the
counter.
Furthermore, the price has taken the support of the Rising Trendline.
Additionally, momentum indicator RSI(14) has shown positive crossover, which indicates
bullishness.
As per the above technical structure; we can expect bullish move in the counter.
Moreover, the price has shifted above the 21*50 day’s, which adds bullish strength in the
counter.
Furthermore, the price has taken the support of the Rising Trendline.
Additionally, momentum indicator RSI(14) has shown positive crossover, which indicates
bullishness.
As per the above technical structure; we can expect bullish move in the counter.