Daily Market Analysis 16.03.2022: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1926.60 with take profit at 1929.89. Bearish Preference: Sell position is envisaged if price trades below 1902.13 with take profit at 1899.01. Fundamentals:7:00pm USD FOMC Economic Projections7:30pm 7:30pm USD FOMC Press Conference Comment: Gold steadied on Wednesday, with a weaker dollar offsetting pressure from …