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

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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

The material has been provided by InstaForex Company – www.instaforex.com

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