Gold - Daily

Gold continues to hold strong despite the USD value up quite strong.

Gold continues to hold its ground despite the rise in the USD - Usually when the USD rises, gold falls. Looking at the chart, Support for the yellow metal sits at $1959, followed by further support at $1914. A break of this would see further support at $1889. Towards the upside, gold is struggling to break and clear $2000, If the metal can break above here, then $2040 can be targeted followed by further upside towards the $2070 high.