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Daily Market Analysis 07|05|2021: GOLD

Instrument: GOLDs Technical Analysis Bullish Preference: Buy is envisage if price trades above 1824.41 with take profit at 1828.24. Bearish Preference: Sell is envisaged if price trades below 1808.87 with take profit at 1799.09. Fundamentals:1:30 PM   USD    Average Hourly Earnings m/m                 USD    Non-Farm Employment Change            …

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Daily Market Analysis 05|05|2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 13598.65 with take profit at 13633.55. Bearish Preference: Sell position is envisaged if price trades below 13503.00 with take profit at 13462.93. Fundamentals:No Major fundamentals  Comment:  There are worries that President Joe Biden’s $2.3 billion capital-gains tax proposal may be on the rise, particularly after …

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