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Daily Market Analysis 24|05|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1891.43 with take profit at 1895.38. Bearish Preference: Sell position is envisaged if price trades below 1876.39 with take profit at 1872.23. Fundamentals:No major fundamental Comment: Global markets were quite choppy this past week. This could follow signs of deteriorating risk appetite judging by recent performance of …

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Daily Market Analysis 09|02|2021: GOLD

Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1834.19 with take profit at 1832.70. Bullish Preference: Buy is envisaged if price trades above 1844.67 with take profit at 1846.46. Fundamentals:No major fundamentals Comment: Gold was steady after the biggest two-day gain in a month as investors weighed prospects for more stimulus in the U.S. and …

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