Comex Gold held steady above $2400/oz as cooler than expected US inflation data bolstered expectations of a rate cut in September US Core CPI rose by 0.1% month-over-month, marking its smallest increase since August 2021, and increased by 3.3% year-over-year, the slowest pace in over three years.
MCX GOLD Gann Angle Chart
Gold is facing resistance at its 1x 1 Gann Angle resistance @73300.
MCX GOLD Supply Demand Zone
MCX GOLD Supply Demand Chart : Demand in range of 71875-72000, Supply in range of 73500-73600
MCX GOLD Harmonic Analysis
ABCD pattern is completed and price can retrace towards 69307.
GOLD Astro/Gann Trend Change Date
15 July Important Gann/Astro Date for Trend Change
Weekly Trend Change Level:73279
Weekly Resistance: 73548,73817,74086,74354
Weekly Support: 73011, 72878,72608,72337,72067,71796
Levels Mentioned are for Current Month Future
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