At the lower level stock made a double bottom and gave some pullback to make a high around 1151 levels. In the last 4-6 week’s price moved in the consolidation phase taking support of multiple bottoms and facing the resistance of multiple tops in the last two weeks with high volume price has breached the pattern and closing above indicate further upside rally.
Gold tumbles 4% to seven-week low as oil, dollar and yields climb
Gold fell sharply as rising oil prices heightened inflation concerns and strengthened expectations for tighter monetary policy. A firmer dollar and increasing Treasury yields contributed
September 28, 2026