Instrument: GOLDs
Bullish Preference:
Buy position is envisaged if price trades above 1854.74 with take profit at 1858.33.
Bearish Preference:
Sell position is envisaged if price trades below 1843.73 with take profit at 1840.74.
Fundamentals:
No High Impact
Comment:
The dollar drew support from Friday’s data showing U.S. employment increased by the most in eight months in September, potentially setting up for a higher-than-expected inflation print later this week.
Analysis: SCRUM Team