Forex –  Spot Gold

During the trading hours yesterday, the spot Gold was in range 1363.85-1391.20 USD. This morning the precious metal is trading at 1389.00-1391.20 USD.

According to Forex analyses, if spot Gold breaks the resistance levels at 1392.85-1395.95  USD, the aim will be reaching and testing the zone 1399.25-1403.15 USD. If it is successful, the upward trend will continue to 1407.20-1411.05 USD.

If the precious metal drops below the support levels at 1389.00-1386.00  USD, it will try to find a next support at 1382.85-1379.65 USD. In case of breaking down, the downward trend will continue to 1375.70-1373.10 USD.

FOREX – Spot Gold

Yesterday, during the first trading hours euro began lowering its value and during the US session it reached 1263.00-1271.75 USD.  This morning the currency pair is trading at 1265.20-1267.80.

According to Forex analyses, if euro breaks the resistance levels at 1267.75-1269.90  USD, the aim will be reaching and testing the zone 1272.60-1274.55 USD. If it is successful, the upward trend will continue to 1277.20-1279.90 USD. If euro drops below the support levels at 1265.15-1262.15  USD, it will try to find a next support at 1258.60-1254.80 USD. In case of breaking down, the downward trend will continue to 1251.65-1248.20 USD.