Back
22 Sep 2014
Gold hovering around $1,215
FXStreet (Córdoba) - Spot gold dropped during the Asian session to $1,208/oz, reaching the lowest price since the beginning of the year. Afterwards rebounded and erased losses. During the European session rose to $1,217.
So far, on New York, the yellow metal has been moving sideways around $1,215/oz, at the same level it closed on Friday.
XAU/USD levels to watch
To the downside, immediate support could be located around $1,210 followed by $1,200 and $1,180. To the upside, an immediate congestion zona is located between $1218 and $1,220; above here the next potential resistance lies at $1.225.
So far, on New York, the yellow metal has been moving sideways around $1,215/oz, at the same level it closed on Friday.
XAU/USD levels to watch
To the downside, immediate support could be located around $1,210 followed by $1,200 and $1,180. To the upside, an immediate congestion zona is located between $1218 and $1,220; above here the next potential resistance lies at $1.225.