Daily Market Analysis 07.11.2023: GOLD
Instrument: GOLD Bullish Preference: A Buy position is envisaged if the price trades above 1965.79 with take profit at 1969.48 Bearish Preference: A Sell position is envisaged if the price trades below 1961.02 with take profit at 1954.89 Fundamentals:2:30 PM USD Trade Balance Comment: Gold price drops further as safe-haven demand diminishes amid no further escalation in geopolitical tensions. A …