Instrument: GOLD+
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 1980.23 with take profit at 1982.42.
Bearish Preference:
A sell position is envisaged if the price trades below price 1970.95 with take profit at 1968.57
Fundamentals:
None with high impact.
Comment:
Gold prices were muted in early Asian trade on Tuesday after touching key highs in the prior session as markets locked in some profits ahead of an upcoming Federal Reserve interest rate decision, while caution over a potential banking crisis kept safe haven demand strong.
Analysis: SCRUM Team