Daily Market Analysis 21.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1926.03 with take profit at 1928.38. Bearish Preference: Sell position is envisaged if price trades below 1920.84 with take profit at 1918.57. Fundamentals:5:PM  US ZONE:    Fed Chair Powell Speaks Comment: Gold prices rebounded 0.3% during Monday’s APAC mid-day trading session after falling 3.4% last week. The Federal …

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