Technically, Bulls' next upside near-term price breakout objectives are as follows: $1,189; $1,205. First support at $1,175 and then $1,170.
Chart: H8
Tuesday, June 23, 2015
Gold Weaker on Higher U.S. Dollar
High risk appetite can be considered as the main reason for the lower prices of Gold today. Due to the negotiations between Greece and EU officials, traders and investors disregard the yellow metal as a safe-haven and put their trust in the Greenback until a decision is made. The two parties are closer to an agreement on a deal with a meeting coming this Wednesday.
Technically, Bulls' next upside near-term price breakout objectives are as follows: $1,189; $1,205. First support at $1,175 and then $1,170.
Chart: H8
Technically, Bulls' next upside near-term price breakout objectives are as follows: $1,189; $1,205. First support at $1,175 and then $1,170.
Chart: H8
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Great assessment. I'll keep a close eye on it.
ReplyDeleteExcellent analysis! Will have it in mind!
ReplyDeleteGood point! Thanks for sharing it.
ReplyDeleteGood analysis.
ReplyDeleteI will keep eyes on the support levels.
ReplyDeleteGood and clear info!
ReplyDelete