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Daily Market Analysis 15/12/2021: OIL

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Instrument: OIL Technical Analysis Bullish Preference:Buy position is envisaged if price trades above 73.24 with take profit at 73.52. Bearish Preference: Sell position is envisaged if price trades below 72.48 with take profit at 72.18. Fundamentals:None with high impact on the commodity. Comment: Oil prices fell for a third day straight on Wednesday on growing signs that supply growth …

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Daily Market Analysis 25/10/2021: GOLD

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Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1801.54 with take profit at 1803.18. Bearish Preference: Sell position is envisaged if price trades below 1795.04 with take profit at 1793.30. Fundamentals:No major fundamental Comment: Gold gained across the board last week as rising G10 inflation expectations outpaced gains in sovereign bond yields – …

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