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Daily Market Analysis 18.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1721.11 with take profit at 1723.77 Bearish Preference: Sell position is envisaged if price trades  below 1710.76 with take profit at 1708.06 Fundamentals:None with high impact Comment:Gold was up on Monday morning in Asia over a pullback in the U.S. dollar as investors’ bets of a 100-basis-point …

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Daily Market Analysis 15.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1707.32 with take profit at 1710.11. Bearish Preference: Sell position is envisaged if price trades below 1702.22 with take profit at 1700.16. Fundamentals:1:30PM USD Core Retail Sales3:00PM USD Prelim UoM Consumer Sentiment Comment:Gold was up on Friday morning in Asia as the dollar rally eased …

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Daily Market Analysis 14.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1719.84 with take profit at 1722.52 Bearish Preference: Sell position is envisaged if price trades below price 1713.72 with take profit at 1711.24 Fundamentals:1:30pm    USD PPI m/m Comment:Gold was down on Thursday morning in Asia, with expectations growing that the U.S. Federal Reserve could hike interest …

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Daily Market Analysis 13.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1729.43 with take profit at  1739.24 Bearish Preference: Sell position is envisaged if price trades below price 1721.79 with take profit at 1718.90 Fundamentals:1:30pm    USD CPI m/m                    USD Core CPI m/m Comment:Gold was up on Wednesday morning …

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Daily Market Analysis 06.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1773.79 with Take Profit at 1777.48 Bearish Preference: Sell position is envisaged if price trades below price 1762.08 with Take Profit at 1758.43 Fundamentals:3:00pm   USD JOLTS Job Openings                              USD ISM Services PMI7:00pm …

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Daily Market Analysis 04.07.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1815.38 with take profit at 1818.12 Bearish Preference: Sell position is envisaged if price trades below price 1804.51 with take profit at 1801.73 Fundamentals:US Bank Holiday  Comment:Gold was up on Monday morning in Asia as the U.S. dollar weakened on growth fears. In the U.S. and elsewhere, …

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Daily Market Analysis 29.06.2022: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1829.72 with take profit at 1832.14 Bearish Preference: Sell position is envisaged if price trades  below 1824.58 with take profit at 1822.86 Fundamentals:2:00pm    USD    Fed Chair Powell Speaks Comment: Gold was up on Wednesday morning in Asia, supported by recession concerns as U.S. 10-year Treasury yields …

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Daily Market Analysis 27.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1841.79 with take profit at 1844.47 Bearish Preference: Sell position is envisaged if price trades  below 1832.15 with take profit at 1829.08 Fundamentals:1:30pm    USD Core Durable Goods Orders             Comment: Gold was up on Monday morning in Asia as some countries from …

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Daily Market Analysis 24.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1831.68 with take profit at  1833.24 Bearish Preference: Sell position is envisaged if price trades  below 1824.60  with take profit at 1823.13 Fundamentals:No Major Fundamental Comment: Gold was down on Friday morning in Asia, set for its second straight decline, with worries of big interest rate hikes from …

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Daily Market Analysis 23.06.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1839.40 with take profit at  1841.82 Bearish Preference: Sell position is envisaged if price trades below price 1833.32 with take profit at 1830.76 Fundamentals:9:45am USD Flash Manufacturing PMI              USD Flash Services PMI 3:00pm USD Fed Chair Powell Testifies Comment:Gold was …

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