Daily Market Analysis 07|04|2021: GOLD
Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1747.45 with take profit at 1753.20. Bearish Preference: Sell position is envisaged if price trades below 1728.56 with take profit at 1725.70. Fundamentals:7:00pm USD FOMC Meeting Minutes Comment: After strong gains in the previous session, gold is trading on the back foot, pulled lower by the upbeat …