Gold continues to trade lower despite minor profit booking in US treasury yields.
Global stock market- bullish (Negative for gold)
US dollar index –Bullish (negative for gold)
Technical:
The near–term support is around $1938, violation below targets $1919/$1900.
good to sell $1960
SL $1980
TP $1890.
Global stock market- bullish (Negative for gold)
US dollar index –Bullish (negative for gold)
Technical:
The near–term support is around $1938, violation below targets $1919/$1900.
good to sell $1960
SL $1980
TP $1890.