GOLD

The Gold Price surge sharply in the Asian Trade Session and hit its highest level since 2013 by geopolitical tensions, the possibility of lower rates and weakness in the dollar. We will focus on the main level of 1394. In order for the rise to gain more momentum, it needs to stay above 1394 on a four hourly basis. At this point, the next resistance level will be placed in 1402. Otherwise, we might see a taking profit action and the key support level will be found in 1377 again.

Support : 1377 - 1364 - 1351

Resistance : 1394 - 1402

21 Jun 19 (Fri)

07:26 am