Gold was up on Friday morning in Asia and was set for its best weekly gain since November 2021. Investors await U.S. data that could provide clarity regarding U.S. Federal Reserve monetary policy, while a weakening dollar Index and U.S. Treasury yields also provided support.
As long as the GOLD price stays below 1829, on a four-hourly basis, we will see the daily support level at 1805. On the upside, if the price moves up above 1829, the next support level will be at 1854.
Support : 1805 - 1785 - 1763
Resistance : 1829 - 1854
14 Jan 22 (Fri)
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