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Global equities spent the first portion of the week recovering from the October sell-off. But the past two trading days havent’ been so convincing.
Last week, the Euro attempted to rally but found stiff opposition; this has the increasingly important 11300 level back in focus and it matters in a big way.
Gold posted its worst week since August with price sitting on a key inflection zone. Here are the targets & invalidation levels that matter on the XAU/USD weekly chart.