Daily Market Analysis 28/07/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1805.74 with take profit at 1807.65. Bearish Preference: Sell position is envisaged if price trades below 1802.96 with take profit at 1800.89. Fundamentals:7:00pm USD FOMC Statement Comment: Gold seesawed between tepid gains/minor losses and finally settled with modest gains on Tuesday. The Federal Reserve is …