November 13, 18
Technical analysis shows that gold tends to fall in the short term 1200-1215.
Resistance: 1215 - 1218 - 1222 - 1228 - Support level: 1198 - 1200 - 1202 -1206
Main Trend Sell around 1208 Stop Loss on 1212.60 Target 1202 ( Stop Loss)
Surfing Trends Buying Around 1202 Targets 1208 Stop Losses Under 1198 (Stop Losses)
Here are some facts that could affect the price of gold in the week.
November 12th
Japan announced the production price index and preliminary data on machinery orders.
San Francisco Fed Chairman Mary Daly spoke at an event in Idaho.
November 13th
Australia announces business confidence report.
United Kingdom publishes job report.
Fed Governor Lael Brainard speaks at an event in Philadelphia.
November 14th
Japan announces preliminary GDP growth in the third quarter.
China Announces Investment in Fixed Assets and Industrial Output.
Eurozone and Germany announces preliminary GDP growth in the third quarter.
US releases inflation figures.
Fed Governor Randal Quarles said in Washington.
Fed Chairman Jerome Powell and Dallas Fed Chairman.
November 15th
Australia announces job report.
United Kingdom announces retail sales.
US retail sales, manufacturing PMIs of New York and Philadelphia, and unemployment claims report.
Fed Governor Randal Quarles said in Washington.
Fed Chairman Jerome Powell said in Dallas.
November 16th
European Central Bank President Mario Draghi said in Frankfurt.