ANALYSIS
NQ100 Finds Support from PPIApr 14
Recovery Path is Maintained in Ounce Gold
We see that ounce of gold maintains its recovery path due to the volatility in Chinese bonds in global markets after the relaxation in Covid-19 measures and the cautious position of investors before the US Federal Reserve's (FED) December meeting. At this point, as long as the level of 1780 is defended below as a support, the purchases that will be in effect may allow the yellow metal to reach the psychological 1800 and then 1812.
