ANALYSIS
NQ100 Finds Support from PPIApr 14
Sales potential is still the case in XAUUSD
Although no deal was concluded on the President’s spending plan in the US, discussions are still ongoing, leading to positive results in investors’ risk appetite. Thus, gold is under pressure right now. Technically, if the precious metal stays below 1812 resistance marking the descending trend currently, bullish momentum will continue and target 1775. In further decreases we will keep an eye on 1762 and 1750 levels, respectively. On the other side, 1826 resistance will be on our radar above 1812 level.
