Daily Market Analysis 26/10/2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1806.86 with take profit at 1809.16. Bearish Preference:Sell position is envisaged if price trades below 1798.57 with take profit at 1796.27. Fundamentals:USD : 3PM Richmond Manufacturing Index Comment: Gold was down on Tuesday morning in Asia. The dollar, which usually moves inversely to gold, …