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| GOLD STOP COMEX 30TH NOV |
GOLD CMX FUTURE OUTLOOK:
Gold CMX in short team is trading in a Perfect Rising Channel Pattern, Channel Resistance is at 2803-2812$, and before Important Data Release Gold CMX has Seen smart Rally and we expect some amount of profit booking from resistance levels of 2800-2810$. Those Holding Long Positions should once book profits in GOLD CMX and MCX near 2800$ and Those holding short position should place Stoploss above 2820$.
This week Important U.S. Data's are yet to be released
30th Oct: GDP Growth Rate QoQ 6Pm.
31st Oct: Personal Spending MoM 6Pm, Personal Income MoM 6Pm, and Core PCE Price Index MoM 6Pm.
01st Nov: ISM Manufacturing PMI 5.30Pm, Unemployment Rate 6Pm, Non Farm Payrolls 6Pm.
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