Daily Market Analysis 07.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1991.46 with take profit at 1995.03. Bearish Preference: A Sell position is envisaged if price trades below 1970.87 with take profit at 1964.34. Fundamentals:No major Fundamental  Comment: Gold made an 18-month high as markets reeled on Monday. The implications of a US ban on Russian oil imports …

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