The gold (yellow metal) has clearly broken the resistance of the channel down pattern. It occurred in a sharp four hour jump, which also passed the resistance of the 55, 100 and 200-hour simple moving averages. Eventually, the metal’s price was stopped by the 1,765.00 level’s resistance.
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MCX Gold 46580 Silver 59653 All Target Hit – Neal Bhai Reports
Gold (Yellow Metal) reversed an early North American session dip closer to multi-week lows and shot back above the $1,741 level in the last hour, albeit lacked follow-through. The uptick was exclusively sponsored by the softer US dollar, which tends to benefit the dollar-denominated commodity.
डॉलर में तेजी के साथ चांदी एक साल में सबसे निचले स्तर तक पहुंच गई
डॉलर की बढ़त के साथ चांदी की गिरावट एक साल से अधिक समय में सबसे निचले स्तर पर पहुंच गई। सोना एक महीने से ज्यादा के निचले स्तर पर आ गया है।