UNSTAOPABLE FALL OF GOLD (NFP BEAR BIAS)The Gold Market experience a drop to the downside with investors taking out some profits yesterday. Now following up with fundamentals like Unemployment claims for the month of October, we looking forward to an increase in employment rate and decrease to unemployment rates therefore, the earnings for October should be higher as the big techs recorded huge gains.
Technical Factors remains bullish for the longer term, only a marginal drop not extending below 2700 then a push to the upside for the Christmas season.
NFP SIGNALS IN ANTICIPATION
Selling Gold with my Team and hold to the 2700 levels before we look for more buys to 2800 and 3000 respectively
