Instrument: GOLD
Technical Analysis
Bullish Preference:
A buy position is envisaged if price trades above 1728.98 with take profit at 1730.43
Bearish Preference:
A sell position is envisaged if price trades below price 1722.88 with take profit at 1721.55
Fundamentals:
No major fundamental
Comment:
Gold prices inched higher on Monday, retaining mild gains from last week as the dollar fell further from 20-year highs ahead of key U.S. inflation data this week.
Analysis: SCRUM Team