Daily Market Analysis 12.08.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1792.51 with take profit at 1794.42 Bearish Preference: Sell position is envisaged if price trades below 1789.01 with take profit at 1787.26 Fundamentals:3:00pm USD Prelim UoM Consumer Sentiment Comment:The greenback’s slide continued into Thursday, falling as much as 0.57% early in the session, but then clawed back …