ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD:Ounce Gold Can Erase 1 Month's Losses
Ounce gold continues to find support from the sanctions race between western countries and Russia. On the other hand, there is a sliding demand from the yen, which fell to a 20-year low against the dollar, as the policy divergence of the Bank of Japan (BoJ) with the FED became clear. From this point of view, if the ounce gold defending 100 MA in its loosening can recover to the 1858 resistance, depending on the upside potential it maintains, it can progress up to the 1875 level and thus erase the losses of 1 month. Below is the 1830 strong support zone.
