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Daily Market Analysis 21/10/2021: GOLD

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Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1787.31 with take profit at 1789.49. Bearish Preference: Sell position is envisaged if price trades below 1781.19 with take profit at 1779.19. Fundamentals:1:30pm USD Unemployment Claims. Comment: The dollar was consolidating at lower levels in early trade in Europe on Thursday, after the revival of …

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Daily Market Analysis 21/09/2021:

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Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.36947 with take profit at 1.37130. Bearish Preference: Sell position is envisaged if price trades below 1.36675 with take profit at 1.36483. Fundamentals: No Major Fundamentals Comment: The safe-haven dollar is taking a breather from gains as investors seem less fearful about the fate of …

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