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विदेशी मुद्रा विश्लेषण
Technical analysis

23.11.202317:25 विदेशी मुद्रा विश्लेषण और समीक्षा: Technical analysis on Gold for November 23rd, 2023.

Exchange Rates 23.11.2023 analysis

Red lines- bullish channel

Gold price is trading around $1,993. As expected price made a pull back towards $1,980 yesterday. Gold price formed a higher low around $1,986. Gold price tested the channel support. Technically trend remains bullish as price continues making higher highs and higher lows. Price is in a bullish trend as long as it remains inside the red upward sloping channel. Support by the channel is found at $1,990 and at yesterday's low. The Rsi has still not reached overbought levels but it is slowly starting to turn around. Traders need to remain cautious. Gold remains vulnerable to more downside.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Alexandros Yfantis,
Analytical expert of InstaSpot
© 2007-2025
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