Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
Gold falls back again as it approaches $3,260 low seen earlier this week
Since the last update here on Gold the metal did rebound from just below $3,290, back above $3,310. However, that move has long since run its course and it has been succeeded by another push lower. Once agin took out that earlier low around $3,287 it seems to have sparked a bout of fresh selling. So now Gold has fallen just below $3,270 and that means it is pretty close to the lows seen Wednesday, when it based at $3,260.39. Naturally there is a risk that someone is gunning for that level again, but we shall have to see on that. The low seen a moment ago was set at $3,268.44. Gold is right now at $3,273.85
Market News
All News-
Dow Jones in the red now as European markets head towards the close
As the 4pm London FX looms the European equity markets are off their worst levels of the day, but as things currently stand still likely to close... -
EUR/GBP slips towards 0.8400 again
A number of updates here over the past week and more have focused on the EUR/GBP holding above two important moving averages. Those are the 100 and... -
USD/JPY spikes higher after US Flash May PMI beats the street on both counts
The US flash PMI readings for manufacturing and services have just been released. Both have well beaten the forecasts. Manufacturing was at 52.3 and...
