Gold prices reversed to the upside against the U.S. dollar on Wednesday 13/11/2019 after breaking through 1456.00 and reached 1474.00 on Friday's trades before pulling back to 1462.65. Gold prices ended last week's session at 1467.80 just below 1469.50 which is going to be the first resistance level to face on Monday's trading session.
There is another two price level to conquer at 1474.00 and 1478.85 before we see a clear path to the upside. Gold prices could fall to 1458.30 and 1453.60 if it fails at 1462.65.
Support:1462.65, 1458.30, and 1453.60
Resistance: 1469.50, 1474.00, 1478.85, and 1483.30
There is another two price level to conquer at 1474.00 and 1478.85 before we see a clear path to the upside. Gold prices could fall to 1458.30 and 1453.60 if it fails at 1462.65.
Support:1462.65, 1458.30, and 1453.60
Resistance: 1469.50, 1474.00, 1478.85, and 1483.30
