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Instrument: GOLD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1755.14 with take profit at 1757.89
Bearish Preference:
Sell position is envisaged if price trades below 1746.90 with take profit at 1744.16
Fundamentals:
No Major Fundamental
Comment:
The U.S. dollar edged up on Friday but stayed near a three-month low and on track for a weekly loss as the prospect of the Federal Reserve slowing monetary policy tightening as soon as December preoccupied investors.
Analysis: SCRUM Team
