Daily Market Analysis 27.05.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1862.43 with take profit at 1864.25 Bearish Preference: Sell position is envisaged if price trades below 1855.26 with take profit at 1853.52 Fundamentals:1:30pm USD Prelim GDP q/q Comment: The dollar edged higher on Friday but was on track for its biggest weekly drop in nearly four months as traders …