Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1852.71 with take profit at 1854.51 Bearish Preference: Sell position is envisaged if price trades below 1848.61 with take profit at 1846.86 Fundamentals:1:15pm USD ADP Non-Farm Employment Change1:30pm USD Unemployment …
Intraday: Bearish Technical Analysis Preference: Sell position is envisaged if price trades below 1.08391 with take profit at 1.08004 Alternative scenario: Buy position is envisaged if price trades above 1.09153 with take profit at 1.09295 Fundamentals:No major economic data with direct bearing on the pair Comment: The Greenback is envisaged to surge higher against the common currencies after it was reported that Germany the Bloc’ biggest …
