ANALYSIS
NQ100 Finds Support from PPIApr 14
Gold continues to recover
On the second trading day of the week, long-term treasuries are still bearish in international markets. And decreases in US dollar lead to recovery movements in XAUUSD. Technically, the precious metal has just broken the wedge pattern and indicated a recovery path is coming. If it exceeds 1814 resistance we will follow 1826 indicated by Fibonacci 61.8 percent line. On the other side, 1789 and 1775 levels will be on our radar.
