ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD:Ounce Gold Conserves Recovery Path
Global markets welcomed the new week with a decline in risk appetite. In addition to the tension in the US-China line, news flows that Russia will completely seize Luhansk in a few weeks creating demand for ounce gold. Technically, the ascending channel movement appears to be preserved. As long as the 1828 level, which is the intermediate support, is defended on the recovery path, the commodity can reach the 1884 level following 1870 and erase the losses of 1 month.If the critical support for 1828 ends under 1842, the 1813 level may come to the fore.
