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yellow metal

Daily Market Analysis 24.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1958.82 with take profit at  1960.85. Bearish Preference: Sell position is envisaged if price trades below 1952.86 with take profit at 1950.84. Fundamentals:No major Fundamental Comment: Gold struggled for direction on Thursday as safe-haven support from the Russian invasion of Ukraine was countered by signs that U.S. Federal …

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Daily Market Analysis 14.03.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1981.12 with take profit at 1987.35. Bearish Preference: Sell position is envisaged if price trades below 1969.39 with take profit at 1964.15. Fundamentals:No major fundamental Comment: Gold was down on Monday morning in Asia. U.S. Treasury yields rose over expectations of a U.S. interest rate hike, while …

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Daily Market Analysis 17.02.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1888.99 with take profit at 1894.85. Bearish Preference: Sell position is envisaged if price trades below 1877.05 with take profit at 1869.24 Fundamentals:No Major Fundamentals Comment: Gold peaked at $800 sometime in 1979 or 1980 and didn’t bottom until the late 1990s and from what …

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Daily Market Analysis 01.02.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1806.44 with take profit at 1809.21 . Bearish Preference: Sell position is envisaged if price trades below 18000.90 with take profit at 1798.34. Fundamentals:No major Fundamental Comment: Gold prices are largely unchanged in Tuesday APAC trading after the yellow metal closed out January with a 1.78% …

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Daily Market Analysis 28.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1792.61 with take profit at 1795.51 . Bearish Preference: Sell position is envisaged if price trades below 1779.41 with take profit at 1776.91. Fundamentals:USD: 2:30PM Core PCE Price Index m/m4PM Revised UoM Consumer Sentiment  Comment: Gold was down on Friday morning in Asia, moves remained small and …

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Daily Market Analysis 27.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1813.43 with take profit at 1815.94. Bearish Preference: Sell position is envisaged if price trades below 1807.55  with take profit at 1805.38. Fundamentals:2:30pm USD Advance GDP q/q  Comment: Gold was down on Thursday morning in Asia, extending its losses after falling the most in two months. Investors …

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Daily Market Analysis 21.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1838.30 with take profit at 1841.45. Bearish Preference: Sell position is envisaged if price trades below 1826.73 with take profit at 1823.75. Fundamentals:5:30pm USD Treasury Sec Yellen Speaks Comment: Gold was down on Friday morning in Asia. However, the yellow metal was on course for …

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Daily Market Analysis 18.01.2022:

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1815.90 with take profit at 1819.44. Bearish Preference: Sell position is envisaged if price trades below 1811.78 with take profit at 1808.25 . Fundamentals:2:30pm USD Empire State Manufacturing Index Comment:Gold was down on Tuesday morning in Asia, as the dollar strengthened and U.S. Treasury yields …

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Daily Market Analysis 17.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1823.61 with take profit at 1825.84. Bearish Preference: Sell position is envisaged if price trades below 1820.40 with take profit at 1818.08. Fundamentals:No major fundamental Comment: Gold held steadily during Monday’s APAC session after gaining 1.6% over the past week. A slew of upbeat economic …

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Daily Market Analysis 14.01.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1824.50 with take profit at 1825.79. Bearish Preference: Sell position is envisaged if price trades below 1819.75 with take profit at 1818.42. Fundamentals:2:30pm USD Retail Sales Comment: Gold was up on Friday morning in Asia and was set for its best weekly gain since November …

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