GOLD

GOLD

Fears of increasing pricing pressures has unsettled global markets. Investors are looking for a reading of consumer prices, the consumer-price index, due to be released on Wednesday, and prices for wholesalers, the producer-price index, due on Thursday.

The GOLD price stayed below the 1763 key resistance level. As long as the price trades below 1763, on a four-hourly basis, we will see the daily support level at 1745. On the upside, if the price moves up above 1763, the next support level will be at 1785.

Support : 1745 - 1736

Resistance : 1763 - 1785 - 1805

12 Oct 21 (Tue)

01:01 pm



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