WANTED: A catalyst for gold price

avatar
· Views 2,297

In the aftermath of Trump’s tweet, gold has still not recovered as it backed out technical resistance around the $1,921 mark. It now remains below Tuesday’s high and within a descending wedge pattern. While it awaits a catalyst to break off the sluggishness, the yellow metal could now be trading sideways. 


Edited 08 Oct 2020, 07:57

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest