Yesterdays $1242 support breached fro XAUUSD as we dropped to the key $1235 level earlier and the Daily Trend Line support from the November 14 low sub $1200.00 . USD continues to catch a bid as U.S. Retail sales beat estimates via upward revisions, with the largely expected lean November retail sales gains of 0.2% for both the headline and ex-auto measure, but after big upward October revisions that more than offset a modest trimming in the September data.
Yesterdays $1242 support breached fro XAUUSD as we dropped to the key $1235 level earlier and the Daily Trend Line support from the November 14 low sub $1200.00 . USD continues to catch a bid as U.S. Retail sales beat estimates via upward revisions, with the largely expected lean November retail sales gains of 0.2% for both the headline and ex-auto measure, but after big upward October revisions that more than offset a modest trimming in the September data.