انسٹا فاریکس ٹیم میں لیجنڈ!
لیجنڈ!آپ کو لگتا ہے کہ یہ حیرت انگیز بیانات ہے؟ لیکن ہمیں ایسے شخص کو کیا کہنا چاہئے ، جو 18 سال میں جونیئر ورلڈ شطرنج چیمپئن شپ جیتنے والا پہلا ایشین بن گیا تھا اور 19 میں پہلا ہندوستانی گرینڈ ماسٹر بنا؟ ورلڈ چیمپیئن ٹائٹل کے لئے یہ مشکل آغاز تھا جو وشونااتھ آنند کے لئے تھا ، وہ شخص جو ہمیشہ کے لئے شطرنج کی تاریخ کا حصہ بن گیا تھا۔ انسٹا فاریکس ٹیم میں اب ایک اور لیجنڈ!
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Gold plunged in the short term and now is trading at 1,856.64, far below 1,877.14 yesterday's high. Still, the retreat could be only a temporary one. The yellow metal could start advancing again if the Dollar Index slips lower after its amazing rally.
XAU/USD plunged after the United States Retail Sales registered a 1.7% growth in October versus 1.3% expected, while the Core Retail Sales reported a 1.7% growth versus 1.0% expected. Also, Industrial Production and the Capacity Utilization Rate come in better than expected.
Earlier, the UK inflation data came in higher than expected. As you already know, Gold is used as a hedge against inflation. Later, Canada is to release its inflation figures as well.
XAU/USD rallies at the time of writing after failing to reach the weekly pivot point of 1,848.78. Technically, it has found support on the triangle's downside line and now is fighting hard to come back higher.
In the short, Gold could move sideways trying to accumulate more bullish energy before jumping higher. Coming back above 1,868.62 upside obstacle and stabilizing above this level could signal an upside continuation.
Gold could still resume its upwards movement as long as it stays above 1,848.78 pivot point and above 1,841.57 low. In the short term, it could move sideways trying to accumulate more bullish energy and to attract more buyers.
A small consolidation around the current levels could bring new buying opportunities with a potential target at the 1,900 psychological level.
*تعینات کیا مراد ہے مارکیٹ کے تجزیات یہاں ارسال کیے جاتے ہیں جس کا مقصد آپ کی بیداری بڑھانا ہے، لیکن تجارت کرنے کے لئے ہدایات دینا نہیں.
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