Instrument: GOLD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1809.69 with take profit at 1811.44.
Bearish Preference:
Sell position is envisaged if price trades below 1801.86 with take profit at 1800.19.
Fundamentals:
No Major Fundamental
Comment: Gold was down on Wednesday morning in Asia, with falling U.S. Treasury yields countering the impact from slightly improved risk sentiment, and giving the yellow metal a boost.
Analysis: SCRUM Team