Daily Market Analysis 17.08.2023: GOLD
Instrument: GOLD Bullish Preference: Buy position is envisaged if the price trades above 1898.24 With take profit at 1901.46. Bearish Preference: Sell position is envisaged if the price trades below 1893.62 with take profit at 1890.71. Fundamentals:1:30PM USD Unemployment Claims Comment: Gold prices steadied in Asian trade on Thursday, and were nursing three days of losses as hawkish signals from the …