The dollar traded near its strongest levels of the year on Wednesday, after driving higher with U.S. yields and benefiting from investor nervousness about the Federal Reserve starting to withdraw policy support just as global growth headwinds gather.
The GOLD price is now trading below the 1745 main level. As long as the price stays below 1745, on a four-hourly basis, we will see the support level at 1736. On the downside, if the price goes above 1745, the next resistance level will be at 1763.
Support : 1736
Resistance : 1745 - 1763 - 1785
29 Sep 21 (Wed)
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