Gold Nears Support at 2006 with Yields and Dollar Pressure
Gold is currently trading at a support level of 2006. The recent rise in yields and the value of the dollar have had a negative impact on gold. However, gold will likely rebound from this support level. If gold does break out of this support level, the next target will be 1979.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2070 |
2056 |
2021 |
2006 |
1979 |
1960 |