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november

Daily Market Analysis 25|11|2020: GOLD

Instrument: GOLD Technical Analysis Bearish Preference: Sell if price trades below 1794.48 with take profit at 1774.96. Bullish Preference:  A buy is envisaged when price trades above 1831.98 with take profit at 1865.14 Fundamentals:4:00pm    USD Revised UoM Consumer Sentiment8:00pm    USD FOMC Meeting Minutes Comment: Gold was down on Wednesday morning in Asia as investor risk appetite grows on vaccine hopes …

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Daily Market Analysis 24|11|2020: US30

Instrument: US30 Technical Analysis Bullish Preference: Buy is envisaged if price trades above 29850 with take profit at 29938. Bearish Preference: Sell is envisaged if price trades below 29716 with take profit at 29632. Fundamentals:USD CB Consumer Confidence 4PM Comment: U.S. private sector business activity rose sharply in November, as growth momentum picked up further. The overall expansion was the …

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Daily Market Analysis 18|11|2020: US30

Instrument: US30 Technical Analysis Bearish Preference:  A sell is envisaged when price trades below 29419 with take profit at 29110. Bullish Preference: Buy if price trades above 29739 with take profit at 29882. Fundamentals:No Major fundamental(s). Comment: The Dow cut some losses but ended lower Tuesday, as investors digested data showing signs of weakness in the U.S. consumer, while …

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