Daily Market Analysis 12.10.2023: GOLD
Instrument: GOLD Bullish Preference: Buy position is envisaged if price trades above 1887.40 with take profit at 1893.47 Bearish Preference: Sell position is envisaged if price trades below 1877.22 with take profit at 1871.15 Fundamentals:1:30pmUSD Core CPI m/mUSD CPI m/mUSD CPI y/yUSD Unemployment Claims Comment: Gold reached a two-week high on Wednesday, surging by 0.73% despite higher-than-expected U.S. Producer …