Eurozone March final consumer confidence -10.8 vs -10.8 prelim
Economic confidence 101.0 vs 96.0 expectedPrior 93.4Industrial confidence 2.0 vs 0.0 expectedPrior -3.3; revised to -3.1Services confidence -9.3 vs -14.9 expectedPrior -17.1; revised to -17.0
Further Development
Analyzing the current trading chart of Gold, I found that Gold has reached my first downside target at the price of $1.700 and that is heading to hit second target at $1.679.My advice is to watch for selling opportunities on the intraday rallies with the downside target at $1.679.
Key Levels:Resistance: $1.705Support level: $1.679
