Daily Market Analysis 16.11.2023: GOLD
Instrument: GOLD Bullish Preference: Buy position is envisaged if price trades above 1968.16 with take profit at 1972.13. Bearish Preference: Sell position is envisaged if price trades below 1962.39 with take profit at 1957.64. Fundamentals:2:30pm USD Unemployment Claims Comment: Gold prices on Thursday, paused a recent recovery rally after stronger-than-expected U.S. retail sales data brewed some uncertainty over …