Daily Market Analysis 03|06|2021: GOLD
Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1899.84 with take profit at 1902.45. Bearish Preference: Sell position is envisaged if price trades below 1891.08 with take profit at 1889.06. Fundamentals:3:00pm USD ISM Services PMI Comment: Gold was down on Thursday morning in Asia, but remained near five-year highs. investors digested China’s Caixin services economic …