ANALYSIS
NQ100 Finds Support from PPIApr 14
XAGUSD Goes To Create A New Channel
After consecutive bad economic data in the US economy and question marks about the banking sector, the expectations that the US Federal Reserve (Fed) could end interest rate hikes have strengthened. In this context, the precious metal, which is supported by the losses in the US dollar, maintains its uptrend, and as long as it remains above the 24.30 level, it may want to continue its gains until the 25.75 resistance. On the other hand, if it cannot end these movements at 24.60 and then at 24.30 in possible pressures, it can put 23 45 support on the agenda as a correction.
