ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD: The Pressure May Continue
The weakening in ounce gold pricing, which started with India's raising the tax rate on gold imports to 12.5%, continues with the dollar index rising to 106.46, the highest level in nearly 20 years. Technically, the yellow metal, which indicates the continuation of the downward movements on the third trading day of the week, can decline to 1736 support, which is the lowest level since September 2021, if it can be broken below the 1752 level permanently. In the possible upward movements in the leader of the safe harbors, the resistance of 1780 and then 1798 can be followed.
