Gold Technical Analysis | Forexlive
On the daily chart , we can see that gold has recently bounced on the strong support zone at the 1934 level
Source: forexlive.com
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Gold Technical Analysis | Forexlive
Rising real yields and a strong USD are weighing on gold.
Source: forexlive.com
Gold falls to twomonth lows as relentless dollar strength overwhelms bulls
The yellow metal is trading down by more than -5% since peaking near $2,000 last week and is now testing its lowest level in more than two months.
Source: cityindex.co.uk
Gold tests 1900 as the peace trade picks up steam
A close near current levels would shift the near-term technical bias in favor of the bears, with the next support level to watch coming in around $1870...
Source: cityindex.co.uk
Gold testing 1870 after asexpected Fed minutes
There were no “bombshells”; the central bank’s intentions as of its January meeting were the same as traders had expected and priced in. Gold is nonetheless well-positioned to rally as it tests 1870 resistance...
Source: cityindex.co.uk