Forex - US Chart COMEX Apr Gold Update: Still pressuring 1330 level while DXY looks weak


 12:00 (GMT) 13 Feb

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US Chart COMEX Apr Gold Update: Still pressuring 1330 level while DXY looks weak (0100-XJRM-C01)

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Asterisk denotes strength of level

12:00 GMT - GCJ8 back to putting pressure on the 1330 level for now while the DXY still looks weak. We are not too confident about a sustained breakaway move for gold today, but clearly if the DXY stays weak throughout the day then gold looks set to retain the day's gain. Just not sure gold has the momentum to power up to 1354+ again. Key support at the 1310/01 zone is safe for now.


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