Instrument: GOLD
Technical Analysis
Bullish Preference:
Buy is envisaged if price trades above 1834.07 with take profit at 1843.00.
Bearish Preference:
Sell is envisaged if price trades below 1828.94 with take profit at 1824.57.
Fundamentals:
No Fundamentals
Comment: Technically we see that Gold has been on a sell binge on the H1, but at the moment price is close to a strong support on the H1 and H4, we expect price to bounce up before looking for a new price to settle on, today being Monday and a slow news day we expect this instrument to trade solely on technicals.
Analysis: SCRUM Team