ANALYSIS
NQ100 Finds Support from PPIApr 14
XAUUSD:Tightening Pressure Continues on Ounce Gold
Although the over a thousand coronavirus infections in China bolster the yellow metal to some extent and raise alarm, the tightening monetary policies of the world's central banks continue to put heavy pressure on the ounce. In this context, the 1675 level will be closely followed in the commodity, which continues its downward movements on the fourth trading day of the week. In the transition to permanent closures below this point, 1660 support, the lowest level it has seen since April 2020, may come to the agenda. On the other hand, the psychological resistance of 1700 continues to be in a critical position in possible upside attractions.
