Gold price struggles for a direction ahead of the US consumer inflation data for October. The near-term demand for the precious metal remains downbeat due to multiple headwinds.
On a daily time frame, the correction in Gold price has extended to near the 50-day Exponential Moving Average (EMA), which trades around $1,940.00. Next support for the yellow metal is seen near the 200-day EMA, which hovers near $1,915.00.
Target For Gold In Sell 👉 (1908)
On a daily time frame, the correction in Gold price has extended to near the 50-day Exponential Moving Average (EMA), which trades around $1,940.00. Next support for the yellow metal is seen near the 200-day EMA, which hovers near $1,915.00.
Target For Gold In Sell 👉 (1908)