Daily Market Analysis 16/11/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1876.35 with take profit at 1883.37. Bearish Preference: Sell position is envisaged if price trades below 1866.50 with take profit at 1859.32. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:15pm USD Industrial Production m/m Comment: November holds more inflation reports due from G10 economies, which …