GOLD 2019.11.06 (Audience: Trader)

Audience: Trader
Risk Amount: .05% to 1.5%
Entry Price(s): 1500

Publication: Free Analysis (Promotional)
Author: MKSara.com
Ticker: XAU
Description: Gold
Type of Analysis: Technical
Source of Analysis: Price Action Daily Candlestick

Trend Analysis: Consolidation
Trend Velocity: Positive deceleration with a strong sign of Negative acceleration
Current Price: 1500
5 Day Forecast: Below 1480
Price Range : 1515 resistance and 1480 support.

Conclusion: A retest at 1480 and lower is likely. 1459 an area of concern for support.
Chart PatternsTechnical IndicatorsTrend Analysis

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