Daily Market Analysis 24/09/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1754.75 with take profit at 1756.88. Bearish Preference: Sell position is envisaged if price trades below 1744.52 with take profit at 1742.27. Fundamentals: USD 3:00 pm Fed Chair Powell Speaks Comment: Gold prices slumped overnight despite the US dollar also tumbling as investors hurriedly unwound …

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