15 Nov Forex Weekly Analysis Price Forecast – Free Signals ( 15th – 19th November 2021)
Follow our weekly forecast for Forex and Gold and find expert predictions, analysis and currency Free Signals forecast tools to help you trade more consistently. View more
Gold prices have been on an impressive run the past few months, climbing from $1,540 at the beginning of September to a high just shy of $1,867 last week. However, that might be about all people who will get out if higher inflation numbers and geopolitical tensions continue weighing heavily into risk sentiment. It has seen increased expectations for rate hikes in America stimulate demand for precious metals over time despite their reputation as hedges against economic uncertainty or currency devaluation. This situation has brought fundamentals back into focus as risk sentiment for precious metals evolves in 2017-2018; we can’t predict what will happen next, but it seems like things are getting interesting. It is expected gold has chances to test above $1900 or more.
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Crude Oil this weeks possible goes down for next support zone before create any movement. So you can take a short with this down trend.
EURJPY Goes down for next support level so you can take a short sell trade here until market touch this support trend line.
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