Gold ended Friday’s session in the green as the greenback dropped to a near two year low after Friday’s Jackson Hole Symposium and the Federal Reserve’s new policy framework that suggested that interest rates will remain low for some time. A dollar rebound could weigh down on higher prints on the yellow metal while technicals favor further upside as we trade between 1960/1980 support/resistance levels.
Support: 1960 / 1945
Resistance: 1980 / 2000
