Daily Market Analysis 04.08.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1776.30 with take profit at 1781.83 Bearish Preference: Sell position is envisaged if price trades below 1769.10 with take profit at 1763.70 Fundamentals:1:30PM USD Unemployment Claims5:00PM USD FOMC Member Mester Speaks Comment:Gold prices edged higher on Thursday, with most other precious metals marking small gains after a rally …