FX.co - Analysis of Gold for March 30,.2021 - First target at the price of $1.700 has been reached and second target set at $1.679

2021-03-30T11:58:17

Relevance until2021-03-31

Analysis of Gold for March 30,.2021 - First target at the price of $1.700 has been reached and second target set at $1.679

Eurozone March final consumer confidence -10.8 vs -10.8 prelim

Economic confidence 101.0 vs 96.0 expectedPrior 93.4Industrial confidence 2.0 vs 0.0 expectedPrior -3.3; revised to -3.1Services confidence -9.3 vs -14.9 expectedPrior -17.1; revised to -17.0

Further Development

Analysis of Gold for March 30,.2021 - First target at the price of $1.700 has been reached and second target set at $1.679

Analyzing the current trading chart of Gold, I found that Gold has reached my first downside target at the price of $1.700 and that is heading to hit second target at $1.679.My advice is to watch for selling opportunities on the intraday rallies with the downside target at $1.679.

Key Levels:Resistance: $1.705Support level: $1.679

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

#Technical analysis #USD #Gold #Commodity

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2025

FX.co ★ Analysis of Gold for March 30,.2021 - First target at the price of $1.700 has been reached and second target set at $1.679

Forex Analysis

Analysis of Gold for March 30,.2021 - First target at the price of $1.700 has been reached and second target set at $1.679