09:49, 09 марта
Gold prices jumped to 1700 due to all the markets collapse. Both coronavirus and oil price lead to selling pressure on the markets. We still think that any down movements can give a buying opportunities.
We follow 1655 level as a support level in short term. This level can give a buying opportunities.
Resistance levels: 1666 – 1689 - 1700
Support levels: 1655 – 1640 - 1630