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gold prices

Daily Market Analysis 07.04.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1929.29 with take profit at 1931.90 Bearish Preference: Sell position is envisaged if price trades below 1923.10 with take profit at 1919.80   Fundamentals:1:30pm USD Unemployment Claims Comment: Gold prices inched up on Thursday, as inflation worries intensified by the Ukraine war and mounting sanctions on Russia eclipsed …

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Daily Market Analysis 15.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1931.18 with take profit at  1938.74. Bearish Preference: Sell position is envisaged if price trades below 1915.56 with take profit at 1907.00. Fundamentals:1:30pm USD PPI m/m Comment: Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets …

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Daily Market Analysis 21.02.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1893.66 with take profit at 1898.47 Bearish Preference: Sell position is envisaged if price trades below 1884.50 with take profit at 1880.23. Fundamentals:No major Fundamental. Comment: Gold prices pulled back to $1,892 from an eight-month high of $1,908 during Monday’s APAC mid-day trading session after French …

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