Daily Market Analysis 09.08.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1790.75 with take profit at 1792.24 Bearish Preference: Sell position is envisaged if price trades below 1781.83 with take profit at 1780.37 Fundamentals:No major fundamental Comment:Unlike the price action in June, gold attempts to push above the moving average as it retraces the decline following the US …