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Add as a preferred source on Google FxWirePro: Gold retreats after making a high of $1112, good to buy at dips The commodity has slightly retreated after making a high of $1112. It is currently trading at $1099. Short term trend is still bullish as long as support $1078 holds. Any break below $1078 will drag the commodity to next…
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The commodity has slightly retreated after making a high of $1112. It is currently trading at $1099.
Short term trend is still bullish as long as support $1078 holds. Any break below $1078 will drag the commodity to next level $1070/$1060.
Overall trend reversal only below $1045.
On the higher side major resistance is around $1112 and any break above will take the pair till $1125/$1138/$1150.
It is good to buy at dips around $1090-95 with SL around $1078 for the TP of $1125/$1148.
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By FxWirePro Team Oct 15, 2026, 3:20 AM UTC
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