The treasury yields data yesterday pushed investors towards safe assets. Gold had a rise against USD yesterday.
The support rests at 1920.50 with resistance at 1943.67 which both lines are below the weekly pivot point at 1952.37. The EMA of 10 is moving horizontally in the descendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving on level 50, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is not showing any clear signals. The price is in the Ichimoku Cloud and above the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing a horizontal trend.
The downward pressure is pushing the price towards 1900.
