The US Core Consumer Price Index (CPI) came out as expected at 2.4% YoY. The metal is breaking below the 1,500 psychological mark as the market is mood is improving. Gold four-hour chart The yellow metal is trading below the 100 and 200-day simple moving average (SMA) while challenging the 1,500 mark. A break below $1,500 a troy once can expose the 1,490 swing low. Further weakness below that point can lead to the 1,475 and 1,460 support levels if the sellers gather enough steam. On the flip side, a daily close above 1,510 would be seen as bullish and 1,520 and 1,535 resistances could be back into play. Additional key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next Wall Street opens little changed as investors wait for US-China trade developments FX Street 4 years The US Core Consumer Price Index (CPI) came out as expected at 2.4% YoY. The metal is breaking below the 1,500 psychological mark as the market is mood is improving. Gold four-hour chart The yellow metal is trading below the 100 and 200-day simple moving average (SMA) while challenging the 1,500 mark. A break below $1,500 a troy once can expose the 1,490 swing low. Further weakness below that point can lead to the 1,475 and 1,460 support levels if the sellers gather enough steam. On the flip side, a daily close above 1,510 would be seen… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
