Instrument: GOLD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1748.18 with take profit at 1751.29
Bearish Preference:
Sell position is envisaged if price trades below 1735.40 with take profit at 1731.93
Fundamentals:
No high impact fundamental
Comment:
Gold prices hovers around key support levels as markets sought more clarity on the path of U.S. monetary policy in the coming months, and COVID disruptions in China appeared set to dent demand.
Analysis: SCRUM Team