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Daily Market Analysis 04.10.2022: US100

Instrument: US100 Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 11564.04 with take profit at 11589.91 Bearish Preference: Sell position is envisaged if price trades below 11453.72 with take profit at 11431.49 Fundamentals:3:00pm USD JOLTS Job Openings   Comment: The Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.5% to 111.145, dropping to …

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Daily Market Analysis 16.08.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1779.24 with take profit at  1781.56 Bearish Preference: Sell position is envisaged if price trades below 1775.31 with take profit at 1772.93 Fundamentals:No major fundamental  Comment:It remains to be seen if the Federal Open Market Committee (FOMC) Minutes will influence the price of gold as the slowdown …

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