Gold Technical Analysis: Bears aim toward multi-month lows around $1445
Gold has added to the previous session’s modest losses. It has remained under some selling pressure for the second consecutive session on Monday – erasing all of the gains recorded last week. Read more…
Is Gold losing its way?
Gold Futures have continued their losing ways, refreshing the 3-month down channel by reversing last week’s gains below $1,459.00. The rejection at the 20-day SMA could alert market participants to the prospect of a move below the $1,445.00 which will shift the medium-term outlook completely into a negative one. Read more…
Market Optimism Keeps Gold Under Pressure
Early in a new November week, Gold is consolidating at 1465.60. Market players are on standby: there won’t be any serious dynamics in the instrument until media reports some more or less interesting news on the US-China trade agreement. Read more…