Daily Market Analysis 27/07/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.30 with take profit at 1806.38. Bearish Preference: Sell position is envisaged if price trades below 1797.64 with take profit at 1795.96. Fundamentals:3:00pm USD CB Consumer Confidence Comment: Residual fears that the FOMC may mention the taper world is mainly responsible for the selling pressure, …