Gold Analysis Wednesday 2nd November
Tuesday Gold performance:
Yesterday gold opened at $1633, made low at $1630, and high at $1657. Gold closed at $1648, $15 higher than Monday's closing.
Today, Gold opened at $1652. Resistance is at $1670 and Support is at $1625. The trend is volatile.
Fundamental Events today according to Pakistan Time.
05:15 PM US ADP Non-Farm employment change
Previous 208,000 and Market expectation 178,000.
11:00 PM, Federal Funds Rate and FOMC statement
11:30 PM, FOMC press conference
From 10:30 PM onwards there will be increased volatility across all financial markets so be careful.
Tuesday Gold performance:
Yesterday gold opened at $1633, made low at $1630, and high at $1657. Gold closed at $1648, $15 higher than Monday's closing.
Today, Gold opened at $1652. Resistance is at $1670 and Support is at $1625. The trend is volatile.
Fundamental Events today according to Pakistan Time.
05:15 PM US ADP Non-Farm employment change
Previous 208,000 and Market expectation 178,000.
11:00 PM, Federal Funds Rate and FOMC statement
11:30 PM, FOMC press conference
From 10:30 PM onwards there will be increased volatility across all financial markets so be careful.