Gold hits an all time record high in early session today, continuing to push higher on the back of a plunging greenback, escalating US-China tensions, and a $1 Trillion Republican stimulus bill . All eye’s on the upcoming two day Federal Reserve policy meeting with Republicans set to release their package proposal today. As published in our Q3 outlook, the next resistance levels are at 1950 and 1960 as we look for our support at 1920 to hold in order to keep bullish momentum strong.

Support: 1920 / 1900
Resistance: 1950 / 1960

Risk Warning: 56.82% of retail CFD accounts lose money

This analysis is just part of a greater daily market report on 8+ of the hottest instruments and assets provided to all SquaredFinancial clients.

Register for a live account and receive the daily report in full detail for free. 

Disclaimer: This information is only for educational purposes and is not an investment recommendation. The information here has been created by SquaredFinancial. All examples and analysis used herein are of the personal opinions of SquaredFinancial. All examples and analysis are intended for these purposes and should not be considered as specific investment advice. The risk of loss in trading securities, options, futures, and forex can be substantial. Customers must consider all relevant risk factors including their own personal financial situation before trading.