Instrument: GOLD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1953.22 with take profit at 1956.68.
Bearish Preference:
Sell position is envisaged if price trades below 1939.76 with take profit at 1935.48.
Fundamentals:
2:30pm USD Average Hourly Earnings m/m
USD Non-Farm Employment Change
USD Unemployment Rate
Comment:
European stock markets are expected to open sharply lower Friday amid signs the fighting in Ukraine is intensifying, with an attack on a nuclear plant reinforcing fears of an environmental catastrophe compounding the humanitarian one that is already happening.
Analysis: SCRUM Team