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XAU/USD: fundamental analysis

Gold prices are stable during the morning session on June 12 and remain in the area of local lows, updated at the end of last week. The weakening of gold was largely due to the growth of the US currency on the background of growing political risks in Europe. On Monday, June 12, there are no important stats from the US, so the volatility is likely to remain low.
Resistance: 1270.70, 1273.85, 1278.00, 1282.42, 1288.29.
Support: 1265.00, 1261.00, 1256.77, 1251.73.
Από το Blogger.