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bullion

Daily Market Analysis 16.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1926.60 with take profit at 1929.89. Bearish Preference: Sell position is envisaged if price trades below 1902.13 with take profit at 1899.01. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm        7:30pm USD FOMC Press Conference Comment: Gold steadied on Wednesday, with a weaker dollar offsetting pressure from …

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Daily Market Analysis 01.02.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1806.44 with take profit at 1809.21 . Bearish Preference: Sell position is envisaged if price trades below 18000.90 with take profit at 1798.34. Fundamentals:No major Fundamental Comment: Gold prices are largely unchanged in Tuesday APAC trading after the yellow metal closed out January with a 1.78% …

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Daily Market Analysis 29/11/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.88 with take profit at 1800.02. Bearish Preference: Sell position is envisaged if price trades below 1789.49 with take profit at 1787.65. Fundamentals:U.S ZONE: Pending Home Sales m/m (4PM) Comment: Gold was up on Monday morning in Asia, with concerns over the impact of the possibly …

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Daily Market Analysis 28/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1804.70 with take profit at 1809.83 Bearish Preference: Sell position is envisaged if price trades below 1794.35 with take profit at 1789.05 Fundamentals:1:30pm Advanced GDP 1:30pmUnemployment Claims Comment: Gold up as US Bond Yields Falls. We are in a consolidation period for gold, but policy …

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Daily Market Analysis 19/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.54 with take profit at 1809.85. Bearish Preference: Sell position is envisaged if price trades below 1797.86 with take profit at 1794.32. Fundamentals:No major fundamental. Comment: Gold prices fell alongside stocks on Friday as a disappointing US consumer confidence survey from the University of Michigan sent markets scrambling. …

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Daily Market Analysis 03|05|2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above  1782.11 with a take profit at price 1784.12. Bearish Preference: A Sell position is envisaged if price trades below price 1775.90 with a take profit at price 1773.80. Fundamentals:None with high impact  Comment:  The price of gold appears to have reverse course ahead of …

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