We've seen that XAUUSD made some gains yesterday and because of the fundamentals that were released yesterday we saw a retracement but could erase the gains made for the day.
ISM Manufacturing was 50.2 beat the consensus by 0.2 but low from previous by 0.7
JOLTs Job Openings from September were released to be 10.717M beat the consensus by 0.717M and the previous by 0.437M
We are seeing the formation of higher lows as price moves towards the end of the week.
Can price now break the immediate resistance that it could not break yesterday?
We are still to expect some important fundamentals to follow this week like Fed Interest Rate Decision with other headline fundamentals to be released on Friday.
ISM Manufacturing was 50.2 beat the consensus by 0.2 but low from previous by 0.7
JOLTs Job Openings from September were released to be 10.717M beat the consensus by 0.717M and the previous by 0.437M
We are seeing the formation of higher lows as price moves towards the end of the week.
Can price now break the immediate resistance that it could not break yesterday?
We are still to expect some important fundamentals to follow this week like Fed Interest Rate Decision with other headline fundamentals to be released on Friday.