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Double top above $2,047 still capping gold

The recently noted double top on the daily charts in gold have $2,047 has successfully capped the recent rebounds for the metal. There was no attempt to take that on yesterday either and the metal fell back to below $2,030. The low seen ahead of the close last night was set at 2,027.54. It later closed in the US at 2,031.39. It has pressed a little higher so far this morning, but as of yet, not broken any fresh ground. The high seen so far this morning has been set at 2,038.24, with a session low at 2,031.58. Gold is currently trading at 2,036.20

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