Gold closed in the red, yesterday, as it has reached 1050.55. The pursuit of the bearish movement will send it lower towards 1039.91, with 1046.05 as a primary objective. It will have 1057.52 as a resistance.
Failing to continue the bearish movement will send it re-visiting 1062.95, should it breakout 1057.52.
The daily Pivot Point is around 1068.97. The daily support levels are around 1063.37 and 1057.58. The daily resistance levels are around 1074.76 and 1080.36.
Failing to continue the bearish movement will send it re-visiting 1062.95, should it breakout 1057.52.
The daily Pivot Point is around 1068.97. The daily support levels are around 1063.37 and 1057.58. The daily resistance levels are around 1074.76 and 1080.36.
