Gold futures prices increased during Asian trading on Tuesday. On COMEX, a division of the New York Mercantile Exchange, gold futures for April delivery are trading at $1,687.65 per troy ounce, up 0.58% at the time of writing this commentary.
Pivot: 1689.00
Provided that the price is below 1696.00, follow these recommendations:
In case of breakout of the level 1696.00, follow the recommendations below:
RSI shows a downtrend within a day.
Resistance Support
1714.00 1676.00
1704.00 1668.00
1696.00 1660.00
Pivot: 1711.00
Provided that the price is below 1780.00, follow these recommendations:
In case of breakout of the level 1780.00, follow the recommendations below:
RSI shows a downtrend in the medium term.