Gold made new high of 1970 and tested the support at 1940.
DXY is very strong. Gold is able to recover upto 1960 level after if tested its support.
Today we may see rejection above 1964 if there is no buying pressure.
There is good support at 1933 and we will have enough buying pressure to break the 1970 if price tests this level.
DXY is very strong. Gold is able to recover upto 1960 level after if tested its support.
Today we may see rejection above 1964 if there is no buying pressure.
There is good support at 1933 and we will have enough buying pressure to break the 1970 if price tests this level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.