- Your Bullion Trading Specialist
Daily Chart Analysis
Gold price is supported by the Fed’s expectations
2020/6/10
There has been no progress in recent trade negotiations between the UK and the EU, The U.S. CPI rose by only 0.1% in May, the lowest since 2015
2020/6/11
1. S-T Support
| Resistance / Support | Remarks | ||
|---|---|---|---|
| Resistance 3 | 1766 | Previous peak | |
| Resistance 2 | 1750 | - | |
| Resistance 1 | 1740 | - | |
| Market Price | 1731 | @ 12:05 | |
| Support 1 | 1730 | Major support (1) | |
| Support 2 | 1722 | 20 days MA | |
| Support 3 | 1716-20 | 10 days MA |
*Risk Warning: Trading on bullion with margin carries a high degree of risk.
