November 10, 2022 12:06 GMT
Price Signal Summary - Bearish Candle Patterns In WTI Highlights A Short-Term Reversal
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- On the commodity front, Gold is holding on to this week’s gains and remains bullish following the rally from $1616.7, the Nov 3 low. Attention is on resistance at $1729.5, the Oct 4 high and a bull trigger. A break of this level would strengthen bullish conditions and open $1745.6, the Aug 29 high. On the downside, support is at $1667.0, the 20-day EMA.