As what has been mentioned in the recent analysis, "God willing, The gold will face serious pressure at these levels right now and in the coming few days by the thanks giving holidays which can calm down the market volumes".

The gold has slipped under 800$ per barrel on a greenback buying wave across the broad as a safe haven as a new wave of selling

We wait now for US ISM manufacturing index of November and it is expected to stand lower than 50 in the contracting territory and lower than 40 as it has come in October at 38.9 to be 37.5.