ANALYSIS
NQ100 Finds Support from PPIApr 14
The Weight Maintained in Ounce Gold
In global markets, the pressure of the strong dollar continues on assets. As a matter of fact, the US 10-year bond yields renew their 11-year high with %3.84, while the weight on ounce gold continues to be maintained. Technically speaking, in the yellow metal, which continues its descending trend with minor channel movements on the first trading day of the week, if it can be passed below the 1630 level with permanent closes, the regression may continue until the 1618 support, which will be the lowest level since April 2020. In the upward movements that may occur, resistances of 1658 and 1670 can be followed.
