ANALYSIS
NQ100 Finds Support from PPIApr 14
Recovery Acceleration in Ounce Gold Will Depend On 1718 Resistance
The volatility that emerged with the bankruptcy of FTX in the cryptocurrency markets created demand for ounce gold as a safe haven. On the other hand, if ounce gold can make its transition to 1718 resistance permanent, with the support of the US 10-years, which fell to psychological 4% before the US CPI data to be announced today, it may reach the opportunity to continue its recovery until 1730. In retreats, 1700 will act as a strong support.
