Gold's (XAU/USD) bullish momentum tapered off and it is now trading at a week-to-date loss of 3%. Here we dissect the short-term trajectory (1-3 days) of gold from a technical analysis view.
The dollar is charging into major resistance below 100 while gold and silver test critical support levels - Anna Radomska breaks down today's key technical levels and what the close means for metals.
Gold triggered a bearish wedge reversal, testing key support at the 50-day moving average, while sellers regain control and ...