Bot Window | Bot Window

Gold Holding ground amid Geopolitical tensions.

NEWS

Gold falls in early Asian trade amid a possible technical correction after the precious metal rose for a fifth straight week on Friday. Based on a macro framework incorporating bond yields and corporate spreads, however, gold is entering a friendly environment of lower yields, wavering spreads and continued elevated equity-bond correlations, the World Gold Council says in commentary.

LEVEL’S

Current Price: 2658

Bearish Scenario: If GOLD Falls Below $2650

Potential Support Levels:

* $2645

* $2640

•$2635

Bullish Scenario: If GOLD Sustains Above $2665

Potential Targets:

* $2670

* $2675

* $2685