Gold failed to breakout its EMA20 as it has fallen to 1094.5, yesterday, breaking out 1062.95. Gold will have 1053.81 as an objective should it pursue its current trend. The 1062.95 level will be the resistance level on a daily scale.
Gold may re-visit 1069.06 should it fail to maintain the bullish stance.
The Daily Pivot Point is around 1065.24. The daily support levels are around 1053.04 and 1046.22. The daily resistance levels are around 1072.06 and 1084.26.
Gold may re-visit 1069.06 should it fail to maintain the bullish stance.
The Daily Pivot Point is around 1065.24. The daily support levels are around 1053.04 and 1046.22. The daily resistance levels are around 1072.06 and 1084.26.
