Register Register

Chinese (Simplified)

November 17, 2020

U.S. Retail Sales Data May Capture $8+ Movement In Gold; Nov 17, 2020

U.S. Retail Sales & Core Retail Sales

U.S. will publish sales data around 1330 GMT/1900 IST. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity. If the actual data comes greater than forecasted, it will be beneficial for the U.S. dollar.

Let’s see how Gold has reacted during the previous data release:

Oct 16:

Sept 16:

Technical View:

XAU/USD (Gold): Gold remained highly volatile in previous session on positive news of Covid – 19 Vaccines. Today pair made intraday high at $1,892 and low at $1,884 mark. A sustained close above $1,902 requires for the upside rally. On the other side, consistent close below $1,861 will check key supports as well. Key support levels are seen around $1,857, $1,849, $1,840, $1,822, $1,809 and $1,787 mark respectively. Key resistances are seen at $1,892, $1,902, $1,917, $1,922, $1,940, $1,947, $1,967, $1,974, $1,982, $1,991, $1,999 and $2,000 marks respectively.

Take a look and do trade wisely!
Good Luck

TP Global FX Research Team

With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills

Registered office:

Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.
+2349127787207

Physical Offices

Nigeria office:
56 Opebi Road by Salvation bus stop (Suit 105, first floor), Ikeja, Lagos, Nigeria

Mail us

Drop mail at: support@tpglobalfx.com

Contact us

Call or Whatsapp +44 7441 416320

Sales Queries

Drop mail at: sales@tpglobalfx.com

Offices

Vanuatu office:
Law Partners House, Kumul Highway, PortVila, Vanuatu

Offices

Head office:
1810, 1811, Prime Tower,
Business Bay, Dubai, UAE

Instrument

Platforms & Tools

Partnership

Company

Others

© 2022 TPG Trader. All right reserved.

Baybahis Hititbet 1win Elitbahis Matadorbet

Privacy Policy | Terms & Conditions |Product Statement | Client Agreement | AML/KYC | Refund Policy

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. This site is run and operated by – TP Global Services Limited registered by St. Vincent and the Grenadines with Number 25274 BC 2019. Registered office: Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.

TP GLOBAL FX is monitored by VFSC Vanuatu with registration number 40409 and located at Law Partners House, Kumul Highway, PortVila, Vanuatu.

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.