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Instrument: GOLD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1840.02 with take profit at 1843.02.
Bearish Preference:
Sell position is envisaged if price trades below 1835.64 with take profit at 1832.10.
Fundamentals:
2:30pm USD Philly Fed Manufacturing Index
USD Unemployment Claims
Comment: Gold was down, on Thursday morning in Asia, with higher U.S. Treasury yields blocking gains as investors remain cautious in preparation for the U.S. Federal Reserve’s next policy decision
Analysis: SCRUM Team
