Daily Market Analysis 16.08.2023: GOLD
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1907.64 With take profit at 1908.67 Bearish Preference: A sell position is envisaged if the price trades below 1901.96 with Take profit at 1901.00 Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: Gold price flirts with the crucial support of $1,900 as investors await the Federal Open Market …