ANALYSIS
NQ100 Finds Support from PPIApr 14
Gold has bullish momentum
On the first trading day of the week, investors’ risk appetite is high. And this brings sales to the Gold. However, losses in US index support the precious metal. Technically, unless the minor trendline is broken, bullish momentum will continue and 1871 and 1882 resistance levels will be followed. Afterwards, we will keep an eye on 1895. On the other side, we will follow 1850 and 1832 supports in possible falls below the trendline.
