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highs and lows

Daily Market Analysis 30.08.2022: GOLD

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Instrument: GOLD Technical Analysis Bullish Preference:  A Buy position is envisaged if price trades above 1738.41 with take profit at 1740.35 Bearish Preference: A Sell position is envisaged if price trades below price 1728.11 with take profit at 1726.20 Fundamentals:No major fundamental Comment: The price of gold slips to a fresh monthly low ($1720) as it carves a series of lower highs …

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Daily Market Analysis 04.04.2022: OIL

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Instrument: OILs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 106.27 with take profit at 107.12 Bearish Preference: Sell position is envisaged if price trades below  104.43 with take profit at 103.95 Fundamentals:No major Fundamental. Comment: Oil traded below $105 on Friday after Biden announced the largest-ever supply release from US emergency reserves. Technically, the trend bias …

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