- XAU / USD rises find resistance at the $ 1,830 area.
- Stock markets retreat at the close of the week and the dollar tries to stabilize.
The oro it is trading without significant changes on Friday. XAU / USD is trading around $ 1,828, the same level where it closed on Thursday. So far this day, the precious metal has moved within a small range between $ 1825 and $ 1830, validating the strong rises after the Federal Reserve meeting.
The advance of the price was contained by the area of ​​$ 1830. On Thursday it peaked at $ 1,832, the highest since July 14. The mentioned zone is the key short-term resistance. A statement above would point to a bullish extension. In the opposite direction, below $ 1825, the correction could extend, with intermediate supports at $ 1820 and $ 1815.
The advance of both gold and silver was partly affected by the stabilization of the dollar on Friday, a pullback in the equity markets and the bond market.
The economic calendar shows for Friday the personal income and spending report for June, the Chicago PMI index and the consumer confidence index from the University of Michigan. In turn, the president of the Federal Reserve of St. Louis James Bullard and the governor of the Fed, Lael Brainard will speak in public.
Technical levels
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