Gold rejecting resistance level
The $1916 resistance is currently being rejected. If the daily close is above this area, the $1923 & $1975 target will be in sight.
The DXY is still weak as the US equity indices still range in hope of a stimulus deal.
The equity markets are on a risk on mood and this might pushed the bullion higher as a safe haven.
The DXY is still weak as the US equity indices still range in hope of a stimulus deal.
The equity markets are on a risk on mood and this might pushed the bullion higher as a safe haven.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.