Daily Market Analysis 17.05.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1833.63 with take profit at 1837.37 Bearish Preference: Sell position is envisaged if price trades below 1819.93 with take profit at 1817.72 Fundamentals:Core Retail Sales m/m 1:30 PMRetail Sales m/m 1:30 PMFed Chair Powell Speaks 7:00 PM Comment: Gold prices …