Gold 21-EMA Support

Gold pared some of its gains on surging US treasury yields. Markets eye US CPI data for further direction. Headline CPI is expected to decline by -0.1%, core inflation to rise by 0.30% mom. The overall trend is still bullish as long as support of $1700 holds.
GoldgoldanalysisGOLD-BUYgoldideaSupply and DemandSupport and ResistanceTrend LinesGOLD/AUDXAUUSD

Declinazione di responsabilità