Daily Market Analysis 06|01|2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1953.80 with take profit at 1955.80. Bearish Preference: Enter a Sell position if price trades below 1940.18 with take profit at 1938.18. Fundamentals:8:00pm USD FOMC Meeting Minutes. Comment: Gold was down on Wednesday morning in Asia, with investors awaiting the results of a U.S. Senate runoff …
