Daily Market Analysis 12.05.2023: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: A buy position is envisaged if the price trades above 2013.17 with take profit at 2014.96. Bearish Preference: A sell position is envisaged if the price trades below 2007.70 with take profit at 2006.05. Fundamentals:3PM USD Prelim UoM Consumer Sentiment Comment:Gold prices steadied on Friday after reversing all their gains this week as …