Gold prices rose today morning after less hawkish stance from Fed Chair Jerome Powell, ahead of the release of U.S. weekly jobless claims, labor productivity and factory orders reports.
Daily Gold Report 6 Nov 2023
Gold declined this morning but it still moves in its upward-slopping channel in the short term, where a break of the support area of $1975 would help gold breakout from the channel, targeting $1933, and will find in its way support at $1953.
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