Instrument: GOLDs
Bullish Preference:
Buy position is envisaged if price trades above 1998.31 with take profit at 2000.97.
Bearish Preference:
Sell position is envisaged if price trades below 1992.36 with take profit at 1989.57
Fundamentals:
None with High Impact
Comment:
Gold prices have surpassed the $2,000 mark, driven by increased demand for safe-haven assets amid escalating geopolitical tensions in the Middle East and ahead of the Federal Open Market Committee (FOMC) meeting.
Analysis: SCRUM Team