Instrument: GOLD
Technical Analysis
Bearish Preference:
Sell is envisage if price trades below 1838.06 with take profit at 1832.48
Bullish Preference:
Buy is envisaged if price trades above 1847.30 with take profit at 1851.12.
Fundamentals:
2:30pm USD CPI m/m
Comment: Gold was up on Wednesday morning in Asia, with a weak dollar and growing expectation of further U.S. stimulus measures continuing to give the yellow metal a boost.
Analysis: SCRUM Team