Gold is ready for a rebound to 1835 !
Gold continued to push lower toward the 1780 support level, amid The benchmark 10-year US Treasury bond yield climbed to a fresh monthly high of 1.667%, markets keep pricing a sooner-than-expected Fed rate hike.
For me I am expecting a short rebound from current levels towards 1815 then 1835 next, daily close below 1780 will delay the rebound till visiting the 1765-1758 support zone first.
For me I am expecting a short rebound from current levels towards 1815 then 1835 next, daily close below 1780 will delay the rebound till visiting the 1765-1758 support zone first.
Feragatname
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