Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1727.61 with take profit at 1731.85 Bearish Preference: A Sell position is envisaged if price trades below price 1718.82 with take profit at 1714.83 Fundamentals:1:00pm USD FOMC Member Mester Speaks1:15pm USD ADP Non-Farm Employment Change Comment: Gold prices fell on Wednesday …
Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.39383 with take profit at 1.39493. Bearish Preference: Sell position is envisaged if price trades below 1.39162 with take profit at 1.39049. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI Comment: The dollar edged lower Wednesday, remaining near recent lows ahead of the …
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1805.74 with take profit at 1807.65. Bearish Preference: Sell position is envisaged if price trades below 1802.96 with take profit at 1800.89. Fundamentals:7:00pm USD FOMC Statement Comment: Gold seesawed between tepid gains/minor losses and finally settled with modest gains on Tuesday. The Federal Reserve is …
Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.25183 with take profit at 1.25408. Bearish Preference: Sell position is envisaged if price trades below 1.24718 with take profit at 1.24510. Fundamentals:1:30 pm CAD Employment Change CAD Unemployment RateAll Day G20 Meetings Comment: It’s a relatively busy day ahead …
Instrument: GOLD Technical Analysis Bullish Preference: A Buy position is envisaged if price trades above 1782.11 with a take profit at price 1784.12. Bearish Preference: A Sell position is envisaged if price trades below price 1775.90 with a take profit at price 1773.80. Fundamentals:None with high impact Comment: The price of gold appears to have reverse course ahead of …
