আমরা শুধুমাত্র একটি ব্রোকার নই। আমরা একটি সর্বাত্মক ট্রেডিং ইকোসিস্টেম—বিশ্লেষণ, ট্রেড, এবং প্রবৃদ্ধির জন্য আপনার যা কিছু প্রয়োজন তা এক জায়গায়। আপনার ট্রেডিং উন্নত করতে প্রস্তুত?
FXStreet (Mumbai) - Gold prices remain stuck in the range of USD 1192-1188 as the markets ignored the slight uptick in the weekly initial jobless claims.
Gold struggles for direction
The metal has been stuck in the said range since the early European session on Thursday as weaker growth data in China and Eurozone capped losses, while the gains have been capped due to diminishing fears of an imminent default in Greece.
Investors now await the new home sales data in the US. Fresh cues may also come from the US stock markets.
Gold Technical Levels
The immediate support is seen at 1183.7, under which losses could be extended to 1178.5. On the other hand, a break above 1191.1 could see the metal re-test the psychological resistance at 1200.00.