اب سے ہم Elev8 ہیں

ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور  ترقی کے لیے درکار ہو، ایک  ہی جگہ پر  ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟

Gold hits session high

FXStreet (Mumbai) - Gold prices rose to a session high of USD 1209/Oz levels, as the US dollar suffered losses amid the absence of fresh fundamental triggers.

Gains stalled around technical resistance

The upward move stalled around USD 1209-1211 levels, which have acted as strong resistance a coupled of times since last week. The metal was pushed higher from USD 1205 levels, as the USD index fell 0.39% to 98.16.

The metal could be influenced by the weekly jobless claims, trade balance and housing data due for release later today in the US.

Gold Technical Levels

The immediate resistance is seen at 1210.4, above which the metal could test the 200-DMA at 1214.05. On the flip side, a break below 1200.00, under which losses could be extended to 1192.16 (50-DMA).

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