The ambiguous situation in the world markets is a concern for investors, so they tend to assets havens, which has traditionally been the precious metal. It should be noted decrease in supply in the gold market. Thus, industrial production in the reporting period fell by 3%, the loss in jewelry production totaled 14%.
Gold remains uplink near its lower limit. Traders reduced the price support to the 1330 to the end of trading.Resistance is located at 1350 support - at 1330.
MACD is in the negative zone. Histogram has declined, which confirms the strengthening position of sellers.Oscillator RSI remain neutral.
Instrument struck 50 EMA and the 100 EMA and stopped below the last 4-hour chart. Moving averages (50, 100 and 200) is still pointing upwards.
Rate of gold today
On Gold trading is still likely to fall to the level of 1130.
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