Gold continues to recover as stock indices are at risk of collapse, even more so in November, unable to rise amid the pandemic. Other factors include the uncertainty of how soon the mass vaccination begins in the West, as well as expectations of new stimulus measures in America, which weaken the dollar.
Technical side:
The price is above the middle line of the Bollinger band, above SMA 5 and SMA 14. RSI is under the overbought zone and is growing smoothly. Stoch are also in this zone, but uninformative.
GOLD rate online: monitor the price movement in real time.
Trading recommendations:
Buy gold with a possible further growth by 1875.00.