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Daily Market Analysis 22/06/2021: GOLD

Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1797.90 with take profit at 1807.41. Bearish Preference: Sell position is envisaged if price trades below 1772.40 with take profit at 1766.77. Fundamentals:7:00pm    USD    Fed Chair Powell Testifies Comment: Gold was up on Tuesday morning in Asia against the dollar’s fall below the $92 mark. Investors digested comments …

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