Gold Analysis – 30.Nov.2023
Gold Analysis: As you can see, the price of gold is still trading above the range of $2035, and with the news that is in front of the market today, we are likely to see a strong movement and determine the next trend! If today’s Unemployment Claims statistics are lower than the expected rate and the Core PCE Price Index m/m is higher than the expected rate, it can cause gold to fall, And if the opposite of this happens, we will probably see the growth of gold to levels above $2060! So it is important to see how the possible trend will accelerate with the published statistics! The previous analysis is still valid (must be read)
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Author : Arman Shaban
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