On Friday we said: “Gold is in a consolidation phase, the price has no clear direction but holds pretty well given the current USD strength. Is this resiliency to the USD a bullish sign? We have a minor support at 1193$, if broken the price could head easily to 1183$ major key support of the 1180$ - 1222$ mid-term range. To the upside, 1200$ would be the trend shifting level from bearish to bullish. Our stance for the day is neutral.
Forex Technical Analysis
28 April 2017
Euro eases, USD manages to hit back at its recent losses as we approach month end...
27 April 2017
Trump's tax reform plan lifts dollar...
26 April 2017
Risk sentiment improves, Safe haven currencies ease...
25 April 2017
Euro, riskier assets surge while yen fades as French election fears cast away...
24 April 2017
Euro briefly stages a relief rally as the worst case scenario avoided in France’s first round of elections...
21 April 2017
Euro remains bid as French elections looms...