Daily Market Analysis 24.08.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1746.79 with take profit at 1749.49 Bearish Preference: A Sell position is envisaged if price trades below price 1741.84 with take profit at 1738.26 Fundamentals: No high impact bearing to this instrument. Comment: Gold prices held recent gains on Wednesday as the dollar retreated slightly on weak economic data, …