Daily Market Analysis 03/11/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1783.94 with take profit at 1785.90. Bearish Preference: Sell position is envisaged if price trades below 1777.60 with take profit at 1775.79. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI7:00pm USD FOMC Statement7:30pm USD FOMC Press Conference Comment:Gold was down on Wednesday morning …