US Commerce Department confirmed the sharp slowdown in growth in the third quarter. Gross domestic product increased at a 2.1% annualized rate, the government said in its second estimate of GDP growth for the period.
The GOLD price moved down below the 1785 key resistance level. As long as the price stays below 1785, on a four-hourly basis, we will see the daily support level at 1763. On the upside, if the price moves up above 1785, the next support level will be at 1805.
Support : 1763 - 1745 - 1736
Resistance : 1785 - 1805
24 Nov 21 (Wed)
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