ANALYSIS
NQ100 Finds Support from PPIApr 14
Losses in Gold couldn’t gain momentum
Gold recovered the losses of the last 5 months thanks to the inflation expectations, yet it declined slowly on the last trading day of the week. However, unless the minor trendline is not broken with permanent closes, bullish potential will continue in the precious metal. If 1865 resistance is exceeded strongly, 1878 and 1891 levels will be on our radar. Below the trendline, on the other side, 1842 and 1828 support levels will be followed.
