Daily Market Analysis 21|05|2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1879.92 with take profit at 1883.16. Bearish Preference: Sell position is envisaged if price trades below 1861.99 with take profit at 1855.89. Fundamentals:USD 2:45 PM Flash Manufacturing PMI Comment: Gold was down on Friday morning in Asia as an improving economic outlook broadened investors’ …