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GOLD longs incoming...

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold price trades positively to breach 1882.40 level and attempts to hold above it, which urges caution from the upcoming trading, as confirming the breach will stop the morning suggested decline and leads the price to visit 1900.00 level initially.

Week ahead fundamental sentiment:

MON: CBR Minutes, Japanese Jibun Manufacturing PMI (Oct), Chinese Caixin Manufacturing PMI (Oct, Final), EZ, UK & US Manufacturing PMI (Oct, Final), US ISM Manufacturing PMI (Oct)
TUE: US Election, RBA Rate Decision, BoJ Minutes (Sep), EZ Finance Ministers Meeting & Japanese Culture Day; Turkish & Swiss CPI (Oct), New Zealand HLFS Unemployment (Q3)
WED: Hungarian Minutes (Oct); Australian Retail Sales (Sep), Chinese Caixin Services PMI (Oct), EZ, UK and US Composite & Services PMI (Oct, Final), US ISM Services PMI (Oct), Canadian Trade Balance (Sep)
THU: FOMC, BoE, Norges Bank & CNB Rate Decisions; Japanese Services PMI (Oct), Swiss Consumer Confidence (Q4), UK Construction PMI (Oct), EZ Retail Sales (Sep), US Challenger Layoffs (Oct), US Initial/Continued Jobless Claims (w/e 26th & 19th Oct), Labour Costs & Productivity (Q3, Prelim)
FRI: RBA SOMP, Fitch Reviewing Germany & Moody's Reviewing Italy & Greece; New Zealand Inflation & Monetary Condition Forecasts (Q4), US Labour Market Report (Oct), Canadian Labour Market Report (Oct) & Ivey PMI (Oct) NFP DATA US

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