ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD recoveries with a strong reaction
Following the last Federal Open Market Committee meeting of 2021, we observe a weak performance in long-term debt securities, leading to a reaction in gold prices. If the precious metal, which continues to move upwards, exceds 1820 permanently, we will follow 1832 resistance level closely. On the other side, 1795 and 1780 support levels will be on our radar against possible falls.
