Gold Reaction After PPI News | Myfxbook的外匯論壇

Current Price*: Gold is trading around $3,347.17 per ounce, with a slight decrease of 0.25% in the last 24 hours.

- *Market Trend*: Gold buyers are fighting for control, aiming to extend the break above the $3,350 psychological barrier. The Relative Strength Index (RSI) remains above the midline, indicating a bullish lean.

- *Resistance Levels*: Buyers need to crack the static resistance near $3,380 to unleash additional upside, with potential targets at $3,400 and $3,440.

- *Support Levels*: Immediate support lies at the 50-day Simple Moving Average (SMA) at $3,350, followed by the 100-day SMA at $3,302.

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EURUSD	1.1619	GBPUSD	1.33489	AUDUSD	0.64711
USDJPY	151.152	USDCAD	1.4005	USDCHF	0.7989