Gold price faces downside pressure after it failed to hold above 1900.
If the bearish momentum continues the next downside levels to watch today the 1885 and 1878 zone. On the flip side, the immediate resistance at 1900/05.
GOLD price trading near the crucial trend line resistance area 1860. If the price break above 1860 the next upside levels to watch 1875 and 1890. On the flip side, the immediate support at 1843 followed by 1816/00.
The safe-haven metal shy to break the psychological level of $1800 ahead of the US NFP report. The move above the psychological mark of $1800 will drive the metal up to the next upside levels of $1814/1820. On Wednesday, the yellow metal received a further boost following the...