AiK-Yousafxai

AiK-Yousafxai

Gold (XAU/USD) trades steady after finding support at $2,724 early on Tuesday. It has since bounced back to the $2,730s on the back of a marginally weaker US Dollar (USD), due to uncertainty over the US presidential election. A weaker Greenback, in turn, aids Gold since the precious metal is mostly priced and traded in USD. The highly-rated election forecaster...

AiK-Yousafxai

Gold price closed on 2735 seems NFP Hiten hard previous day. As i shown in my chart market maybe reject from 2730-33 zone but if not then looking for 2720-24 in extension. Alternative scenario will hit 2750-55 or further and also its a first day of the week so Consolidation in Place may also possible. Regards Asad iqbal khan Neuron Markets