Daily Market Analysis 24/08/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1807.70 with take profit at 1809.38. Bearish Preference: Sell position is envisaged if price trades below 1802.32 with take profit at 1800.62. Fundamentals:No major fundamentals Comment: Despite the U.S dollar showing signs of stability on Tuesday, gold traded above $1,800 per ounce. COVID-19 may be able to delay …