US jobs data reduced daily gold gains

US jobs data reduced daily gold gains

Continued gold to rise for a second day in a row where he was able to surpass the resistance lines and touches the level of $ 1182.30 an ounce this afternoon to rise by more than 1% against yesterday’s close, and came rises as a result of the absence of important US data until the release of the US employment index, which was released higher than expected with the opening of the US market, which led to rising dollar index and even trimmed from gold gains even close to the levels of $ 1175 per ounce.

But analysts and experts Vkano may Acharo that gold will continue upward correction in the short term and US $ 1185 level is an important resistance for gold However bypassed may be able to complete the ups and targeted level of $ 1195 an ounce on the other hand gold fell to the support level of $ 1169 restores the negative image where The break of this level could lead to a decline to the level of 1162, which constitutes an important support.

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