ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD:The Band Movement is Protecting in Ounce Gold
The ounce gold continues its search for direction.While the pressure from tightening the global monetary policy continues, the yellow metal is struggling to find direction in the face of recession risks in US. Technically, the band movement is extremely tight. Below, 1812 – 1800 maintains its position as a strong support zone. While the 1800 support will be decisive for the sales to gain momentum, the 1845 – 1856 resistance zone above stands as a barrier to 1872, which was last seen on 13 June.
