Daily Market Analysis 11/08/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1739.60 with take profit at 1741.60. Bearish Preference: Sell position is envisaged if price trades below 1722.55 with take profit at 1720.55. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: Gold was up on Wednesday morning in Asia …