Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1739.60 with take profit at 1741.60. Bearish Preference: Sell position is envisaged if price trades below 1722.55 with take profit at 1720.55. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: Gold was up on Wednesday morning in Asia …
Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 109.247 with take profit at 109.401. Bearish Preference: Sell position is envisaged if price trades below 108.809 with take profit at 108.703. Fundamentals:No major economic data Comment: The dollar was up on Friday morning in Asia but remained near a one-week low as calmer bond …
Instrument: GOLD Technical Analysis Bearish Preference: Sell is envisage if price trades below 1728.95 with take profit at 1720.14. Bullish Preference: Buy is envisaged if price trades above 1741.54 with take profit at 1750.36. Fundamentals:2:15pm USD ADP Non-Farm Employment Change Comment: Gold inched down on Wednesday morning in Asia, with U.S. Treasury yields continued their fall and put pressure …
