ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD:Ounce Gold May Close the Week Negatively
In global markets, we see that the pressure on ounce gold has increased as the central banks of developed countries signaled a tightening path. In addition, the strong outlook of the dollar is under pressure on ounce gold. Technically, the yellow metal, which is headed to close the last trading day of the week with negative pricing, can deepen its losses to the 1718 support, which is the low of about a year, in its permanent transitions behind the 1730 support. The 1754 resistance will be followed closely in possible upward attractions.
