Posts Categorized: Commodity Insight

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Gold Starts The Day On the Back Foot

Posted by & filed under Commodity Insight.

It was an ugly day for Gold as fear washed away. After making an early high around $1390 oz, Gold is sitting at $1366.87 this morning. This chart speaks for itself – gold is in an uptrend, roughly ran into trend resistance yesterday and has pulled back. Support $1345/50.