Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
An update here yesterday afternoon noted that Gold was falling back from an earlier session high above $2,034 and dipping just below $2,030. That relapse subsequently extended to just below $2,020 (2,019.70 the low) right after the 4pm London FX fix. It did manage to rebound somewhat into the US close, where it ended the session at $2,024.39. A little earlier this morning, the metal dipped below 2,020 once more and took out all the most recent lows, when it reached a session low so far at $2,018.28. It is trying to lift off that low right now, but once again I stress the importance for anyone trading this; to keep an eye on those US yields and the USD/JPY. However, it is still below its 21 day moving average as I write this update. That is in place right now at $2,024.54. Gold is currently trading at $2,021.30
Start here. Join over 3M Libertex users around the world!