Canadian housing starts for February 2021
- Prior was 282.4K
- Single-detached homes -9.3% vs +36.8% prior
- Multiple starts -15.8% vs +23.9% prior
- Seasonally adjusted starts -13.5% vs +22.7% prior
Further Development
Analyzing the current trading chart of Gold, I found that there is overbought condiiton and strong resistance at the price of $1,730 on the test.
Key Levels:
Resistance: $1,730
Support level: $1,700 and $1,680
