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Gold tumbles and falls back below $2000, but rebounding

Gold tumbles and falls back below $2000, but rebounding
The price of gold has tumbled today with the sharp rise in the USD today. The price moved down -$47.68 at session lows today. The price is currently down -$32.74 which is still down -1.60%. The current price is at $2007.40. The low reached $1992.59.Looking at the hourly chart, the fall today extended below the 100 hour MA and then the 200 hour MA next at $2015.58 and $2010.74 respectively. The low today stalled just ahead of the 50% midpoint of the move up from the March 22 low. That comes in... Read More
Posted: Apr 14 2023, 19:59
Author Name: forexlive
Views: 110120

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