May 02, 2022 13:46 GMT
Fixed Income Technical AnalysisForeign Exchange Technical AnalysisEM Bulletmarkets-real-timeFixed IncomeCommoditiesBulletMarketsEmerging MarketsForeign Exchange
- The yellow metal has resumed its downtrend today, breaking through support at $1872.2, last Thursday’s low.
- The move lower opens $1848.8 next, 76.4% retracement of the Jan 28 - Mar 8 rally.
- On the upside, $1928.7, the 20-day EMA is seen as a firm short-term resistance. Initial resistance is at $1900.0, today’s intraday high.