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Daily Market Analysis 13/12/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1786.65 with take profit at 1788.34. Bearish Preference: Sell position is envisaged if price trades below 1782.04 with take profit at 1780.34. Fundamentals:6:00pm GBP Bank Stress Test Results6:30pm GBP BOE Gov Bailey Speaks Comment: Gold was up on Monday morning in Asia, as investors await key …

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Daily Market Analysis 16/11/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1876.35 with take profit at 1883.37. Bearish Preference: Sell position is envisaged if price trades below 1866.50 with take profit at 1859.32. Fundamentals:2:30pm USD Core Retail Sales m/mUSD Retail Sales m/m3:15pm USD Industrial Production m/m Comment: November holds more inflation reports due from G10 economies, which …

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Daily Market Analysis 18/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1769.70 with take profit at 1771.51. Bearish Preference: Sell position is envisaged if price trades below 1765.38 with take profit at 1763.42. Fundamentals:2:15PM USD: Industrial Production m/m Comment: Gold has given back nearly all of last Wednesday’s post-CPI release rally and is now back at …

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Daily Market Analysis 08/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1760.92 with take profit at 1763.18 Bearish Preference: Sell position is envisaged if price trades below 1751.54 with take profit at 1749.31 Fundamentals:1:30pm USD Average Hourly Earnings m/mUSD  Non-Farm Employment ChangeUSD Unemployment Rate Comment: The dollar edged higher Friday ahead of the release of the highly-anticipated …

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Daily Market Analysis 05/10/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1760.76 with take profit at 1762.30 Bearish Preference: Sell position is envisaged if price trades below 1753.22 with take profit at 1751.34 Fundamentals:3:00pm USD ISM Services PMI6:15pm USD FOMC Member Quarles Speaks Comment: Gold futures were trading lower Tuesday morning, at risk of halting a …

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Daily Market Analysis 04/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1815.37 with take profit at 1816.92. Bearish Preference: Sell position is envisaged if price trades below 1811.27 with take profit at 1809.72. Fundamentals:1:15pm    USD     ADP Non-Farm Employment Change3:00pm    USD    ISM Services PMI Comment: Gold, like the currency markets, appears to be in wait-and-see mode… gold’s …

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Daily Market Analysis 30/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1834.70 with take profit at 1837.06. Bearish Preference: Sell position is envisaged if price trades below 1823.67 with take profit at 1821.25. Fundamentals:1:30pm    USD    Core PCE                        Price Index m/m2:45pm    USD    Chicago PMI3:00pm   …

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Daily Market Analysis 22/07/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1805.92 with take profit at 1807.95. Bearish Preference: Sell position is envisaged if price trades below 1796.72 with take profit at 1795.02. Fundamentals:USD1:30 PM   Unemployment                             Claims        3:00PM  CB Leading …

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Daily Market Analysis 09/07/2021: GOLD

Instrument: Gold Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1808.89 with take profit at 1813.04. Bearish Preference: Sell position is envisaged if price trades below 1797.16 with take profit at 1794.36 . Fundamentals:All Day        G20 Meetings Comment: Concerns over slowing global economic growth, coupled with fears over Covid flareups, particularly in Europe and Asia, …

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Daily Market Analysis 07/07/2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1816.53 with take profit at 1819.57. Bearish Preference: Sell position is envisaged if price trades below 1803.15 with take profit at 1799.32. Fundamentals:7:00 pm USD FOMC Meeting Minutes Comment: Gold was up on Wednesday morning in Asia after hitting a three-week high during the previous session. A weakening …

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