Gold prices rose for the second day in a row from the lowest level in four weeks, following profit-taking selling after the Fed chief’s remarks the imminent rate hike, which had a negative impact on the price of this precious metal as well as the high value of the U.S. dollar against a basket of currencies
Gold opened at a price of $ 1299 per ounce and closed at 1319 dollars per ounce
GOLD points of support and resistance
R1 1325.5 S1 1303.4
R2 1329.7 S2 1297.2
R3 1339.7 S3 1287.1
Pivot Point : 1313.4
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