Chat with us, powered by LiveChatGold Nears Support at 2006 with Yields and Dollar Pressure

Gold Nears Support at 2006 with Yields and Dollar Pressure

Gold Nears Support at 2006 with Yields and Dollar Pressure

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

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