ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD: Ounce Gold May Drop To 7-Month Low
The day we left behind, the US 10-year bond market tends to recover on the new trading day, after falling by 2.90 percent to an 8-week low. In the face of the 10-year treasury returns, which regained their losses up to 2.98 percent in today's quotations, the dollar index exceeded 105.50 and refreshed its 22-year high, while ounce gold is struggling to find demand. If the 100-period weighted moving average, which points to 1820, is maintained, the probability of descent to 1772, the lowest level since December 2021, will be preserved behind 1786.
