Skip to main content

Further profit-taking on Gold sees it fill the gap and more

Since my first update here this morning, noting the explosive rise in Gold overnight, the metal has fallen back further. It has now closed, what could have been a monster gap above 2,075. The further fall has taken it closer to the noted, and first significant technical support, at 2,057.59. That is coming very close into view right now as I type. It remains to be seen if this price point will cap what looks like a market that has shot its bolt in the short term. Gold is currently trading at 2,059.20

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!