Spotlight on gold. The latest daily technical analysis by AAATrade reveals the key support and resistance levels that each of these assets is likely to reach today. Look at the charts and our market analysts’ observations below and gain a fresh perspective on trading.
Gold
Looking at the gold chart, we can see that the metal picked above the level of $1900 and has corrected to the current price of $1888. The support level is located at around $1873 and today it is expected to stay above that level until 14:30 when the US’ PPI and core retail sales will be announced, which will play a significant part in its direction.
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