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Stock market analytics, financial forecasts

Forexmart's Market Analysis section provides up-to-date information about the financial market. The overviews are intended to give you an insight into current trends, financial forecasts, global economic reports, and political news that influence the market.

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Analysis of Gold for November 26,.2021 - Upside breakout
08:14 2021-11-26 UTC--5
Exchange Rates analysis

Technical analysis:

Gold has been trading upside as I expected. The price is heading towards my upside objective from yesterday at $1,822.

Trading recommendation:

Due to upside breakout today and strong relative strength on the Gold, watch for potential buying opportunities on the pullbacks.

Upside target is set at the price of $1,822

Stochastic is showing potential for the bullish cross and extreme downside condition.

Support level is set at $1,780

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