ANALYSIS
NQ100 Finds Support from PPIApr 14
Gold is under pressure
Relatively weak performance of the US dollar in international markets had a positive impact on Gold prices. However, VIX is at the lowest point of the last 2 months now (VIX:15.75) and it indicates sales will increase the efficiency. As long as it stays below 1792, bearish moves will dontinue and target 1765, 1752 and 1741 levels, respectively. In bullish moves above 1792, 1806 resistance will be on our radar.
