Daily Market Analysis 04/08/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1815.37 with take profit at 1816.92. Bearish Preference: Sell position is envisaged if price trades below 1811.27 with take profit at 1809.72. Fundamentals:1:15pm USD ADP Non-Farm Employment Change3:00pm USD ISM Services PMI Comment: Gold, like the currency markets, appears to be in wait-and-see mode… gold’s …