Gold, Silver trading strategy: Technicals explained by CapitalVia Investment Adviser
International Gold and Silver prices are trading with losses owing to stronger U.S. Treasury Yields and U.S. dollars. Rumors of lockdowns across Europe have taken a toll on the pace of economic recovery which could cap the downwards move. Technically, International Gold is trading with bearish momentum and breached the psychological levels of $1700. Support is at $1680-$1685 levels, which could be tested in the upcoming sessions
CapitalVia Investment Adviser could expect bears to dominate in the upcoming session, where Rs 44000 levels could provide a support to the prices of Gold: Reuters