Bears Take Control: Gold Breaks Below Key Support
After touching all-time highs near 4058, gold reversed sharply, signaling a possible shift in momentum.
After touching all-time highs near 4058, gold reversed sharply, signaling a possible shift in momentum.
After a strong run, gold is consolidating just below a critical resistance.
After invalidating yesterday’s bearish push, gold has powered higher, setting another all-time high.
After a strong bullish breakout above $3,893, gold is showing no signs of slowing.
Gold closed with another bullish candle, but heavy selling pressure at $3,870.55 kept prices from breaking higher.
My name is Frano Grgic and I am the author of the Forex blog GetKnowTrading.
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