• Gold: Downside Prevails, Expect $1,908

    Source: Buzz FX / 25 Sep 2023 19:36:08   America/New_York

    On Monday, spot gold fell 0.4% to $1,917, as the USD index climbed to the 106.00 level.

    Later today in the U.S., the Conference Board consumer confidence index is expected to slip to 105.5 in September,

    Over the past 24 hours, gold's news volume is below 7-day average and sentiment is negative, according to Trading Central Market Buzz.

    From an intraday point of view, Trading Central Technical Views sees nearest resistance at $1,922 with downside targets at $1,913 and $1,908.

    Source: Trading Central Market Buzz, Trading Central Technical Views

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