19 November 2020 OUNCE GOLD Futures Contract
19 November 2020 OUNCE GOLD Futures Contract. The December term Gold contract ended Wednesday at 1.876.55, down 0.77%. The close-term Ounce Gold contract, which fell on Monday with the news of vaccination, recovered its losses with reaction purchases on Tuesday. Yesterday, we saw a decline in precious metal again with the sales pressure on the rise with vaccine news. We will see the 100-day moving average level, technically speaking, while the housing starts data published in the US is effective in the decline in the contract.
The contract, which stated to the new day with a decline, continued its trend with the seller during the day. It completed the day with a negative price.
Support Points: 1868-1860
Resistance Points: 1882-1887