Gold Analysis 2015.06.10

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Gold Analysis 2015.06.10

Source: Fx Direct Forex Broker

Gold is trading at $1184.20 per ounce at 09:40 GMT this morning, 0.68% higher from the New York close. This morning, the precious metal traded at a high of $1185.90 per ounce and a low of $1174.30 per ounce. Yesterday, gold traded 0.28% lower in the New York session and closed at $1176.20 per ounce. Meanwhile, uncertainty about Greek financial worries and the timing of a US interest-rate increase kept bullion investors nervous. Immediate downside, the first support level is seen at $1177.03 per ounce, while on the upside, the first resistance level is at $1188.63 per ounce.

Gold Chart

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