Gold: The commodity has halted its weakness and triggered a bull pressure. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 level. Below here if seen could trigger further downside pressure targeting the 1,240.00 level. Conversely, resistance resides at the 1,285.00 level where a break will aim at the 1,300.00 level. A turn above there will expose the 1,310.00 level. Further out, resistance stands at the 1,320.00 level. All in all, Gold looks to weaken further correction.
Top Finance
Search
New Posts
KYC360 Welcomes Former JFSC Director-General John Harris to Advisory Board
Climbing Limo GDP Forecast For 2024-Q1
BlackRock Bitcoin ETF Logs 70 Straight Days Of Inflows, Surpasses $18 Billion In Assets
Fed Quiet Period, Tech Earnings On Deck, April Flash PMI
Australian Dollar Rises On Strong Economic Indicators
Leave A Comment