XAUUSD

10:47, 11 May

XAUUSD

There is no fundamental progress for Gold prices. Gold prices had declined form its down trend’s resistance level last Friday. Now we may see some up movements but 1725 resistance level can give a selling pressure in short term. On the other hand we follow 1690 level as s support level.  

Resistance levels: 1712 – 1718 - 1725 
Support levels: 1698 – 1690 – 1680