Daily Market Analysis 04.08.2023: GOLD
Instrument: GOLD Bullish Preference: A buy position is envisaged if the price trades above 1934.77 with take profit at 1936.52. Bearish Preference: A sell position is envisaged if the price trades below 1931.83 with take profit at 1930.53. Fundamentals:1:30pm USD Non-Farm Employment Change1:30pm USD Unemployment Rate Comment: The gold price appears poised at a crossroads going into the weekend with the US Dollar …